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...
By: Reuters – Chevron’s (CVX.N) two major liquefied natural gas (LNG) production facilities in Australia could face disruptions from next week after unions on...
Ben Lefebvre |Politico| The late-summer surge in gasoline prices is heightening the risks that inflation poses for President Joe Biden, and offering Republicans...
Story By Gordon Tomb |Real Clear Wire| Pennsylvania Governor Josh Shapiro has asked regional power grid operators to enhance the electricity system’s...
Story From Oilprice.com| After years of warnings of failure to invest in enough new exploration, the industry has begun spending more. Yet,...
The Environmental Protection Agency is reconsidering California's authority to enforce strict vehicle emission standards, according to a Supreme Court filing. The motion, which seeks to pause related litigation, reflects the EPA's review of a 2022 Biden-era decision supporting California's zero-emission vehicle mandates to ban gas-powered car sales by 2035.
The EIA reported Wednesday that commercial crude inventories climbed by 3.5 million barrels for the week that ended Jan. 24. That was the first weekly increase in 10 weeks, though domestic production edged lower.
The data were expected to show a crude supply climb of 2.6 million barrels on average, according to a survey of analysts conducted by S&P Global Commodity Insights. Late Tuesday, the American Petroleum Institute reported a crude inventory gain of 2.9 million barrels, according to a source citing the data.
Total domestic oil production fell by 237,000 barrels per day to 13.24 million bpd, the EIA said. Crude stocks at the Cushing, Okla., Nymex delivery hub added 300,000 barrels to 21 million barrels.
The report also showed a weekly supply increase of 3 million barrels for gasoline, while distillate inventories fell by 5 million barrels. The survey forecast an inventory increase of 1.4 million barrels for gasoline and a supply decline of 2.4 million barrels for distillates.
Demand for gasoline rose, with total finished motor gasoline supplied, a proxy for demand, at 8.302 million barrels per day in the latest week, versus 8.086 million bpd from a week earlier.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
President Donald Trump used his address at the United Nations General Assembly this week...
Natural gas remains the leading source of electricity generation in the United States, but...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
West Texas holds a treasure trove of natural gas that could become a critical...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
Have your oil & gas questions answered by industry experts.