Story By Chris Matthews |Hart Energy| Fears of underinvesting in oil and gas are way off the mark, according to a new...
By: AP – The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at...
Story By Filip De Mott |Business Insider| The oil market is vulnerable to a shock as high-interest rates cause global inventories to...
By: Reuters – U.S. oil and gas production continued to trend higher through April – a delayed response to very high prices...
Story By Nia Williams – (Reuters) – The Trans Mountain pipeline expansion (TMX) was meant to unlock Asian markets for Canadian oil,...
Story By Jov Onsat |RigZone| Occidental Petroleum Corp. outpaced the stock market in the week’s opening session after billionaire Warren Buffet’s Berkshire...
By: Reuters – Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and...
By: Reuters – Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they...
Story By Mirna Alsharif and Christine Rapp |NBC News| As the extended 4th of July holiday weekend looms on the horizon, heat...
By: Carlsbad Current-Argus – Federal officials rejected a petition from New Mexico environmental groups to phase out oil and gas drilling on...
A license extended by Venezuela to Shell and Trinidad and Tobago's National Gas Company (NGC) will allow the companies to produce natural gas off the South American country's coast for 30 years, state oil company PDVSA said on Friday.
Venezuela, Shell, and NGC on Thursday signed the license in Caracas for the Dragon project following a U.S. authorization granted in January, which could mark the OPEC country's first exports of its vast offshore gas reserves.
US and Chinese militaries are on speaking terms again. For the first time in over a year yesterday, the highest-ranking US military officer, the chairman of the Joint Chiefs of Staff, spoke with his Chinese counterpart. The top brass hopped on a video call to discuss “global and regional security issues” and the need for lower-level talks. In 2022, China’s military stopped talking to the US in response to what it saw as a provocative trip to Taiwan taken by then-House Speaker Nancy Pelosi. But President Biden and China’s leader, Xi Jinping, recently met in San Francisco and agreed that the two superpower militaries should resume talking regularly to diffuse tensions.
A deadly mass shooting shook the Czech Republic. A student at Charles University in Prague killed at least 14 people and injured dozens more yesterday. He’s also suspected of killing his father earlier in the day and two other people last week. Students were told to barricade themselves in classrooms, and some had to crouch on a ledge to escape the shooter. Police sealed the area and said the perpetrator had been “eliminated.” The interior minister called the devastating violence unprecedented in the country, which has a low gun crime rate. Authorities said that the gunman might have been inspired by a shooting in Russia earlier this year.
There might be a problem with your Honda. The Japanese carmaker said yesterday that it’s recalling 22 Honda and Acura models released between 2017 and 2020 over a faulty fuel pump impeller. The component helps deliver gas to the engine, and a defective one might cause a car to stall or fail to start, though Honda says it has not received any reports of crashes or injuries related to the issue. Still, the problem means 2.5 million vehicles in the US will be recalled. Affected vehicle owners can get their fuel pump replaced free of charge once the automaker starts sending notices in February.
It sounds like something out of a Netflix crime drama, but this one’s all...
So, you’ve just inherited mineral rights in Oklahoma and you’re thinking about selling. First...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
The global oil market is facing one of its most complex periods in recent...
After months of tough negotiations and political tension, the United States and Ukraine have...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two...
Michigan Attorney General Dana Nessel is pushing back against President Donald Trump’s sweeping executive...
[Reuters] By Lisa Baertlein and Jarrett Renshaw | U.S. energy groups are asking President...
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