Saudi Arabia is considering an offering of additional Saudi Aramco shares of stock that could shatter records, the Wall Street Journal reported. A...
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By Felicity Bradstock for Oilprice.com|Despite big promises, recent reports suggest that international oil majors are doing little to contribute to the green...
By: Reuters – European Union countries have increased their imports of liquefied natural gas (LNG) from Russia compared with before the Ukraine...
By Matthew Smith for Oilprice.com|via Yahoo.com| Surging petroleum theft is weighing on Colombia’s beaten-down oil industry, which is beset by geopolitical headwinds on...
By: The Canadian Press News – Crescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a...
Lauren Boyd, head of the Energy Department’s Geothermal Technologies Office, estimates that geothermal could supply 12% of America’s electricity by 2050 if...
Reporting from AMIR VAHDAT and JON GAMBRELL. TEHRAN, Iran (AP) — Iran has summoned a Swiss diplomat over the apparent U.S. seizure...
By: Reuters – U.S. oil producer Chevron on Tuesday said it evacuated staff from three U.S. Gulf of Mexico oil production platforms while...
Story By Filip De Mott |Business Insider|The dollar’s dominance is under no real threat from emerging market currencies, India’s oil and gas...
Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal...
Laila Kearney (Reuters) – PG&E (PCG.N), California’s largest electric utility, has seen a jump...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
The World Bank has made a landmark decision by lifting its long-standing ban on...
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