Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that,...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside the OPEC+ alliance, especially if Brent crude falls...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil industry. Any country that continues to buy oil...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy, such as wind and solar, comes with a...
The United Arab Emirates is making a major financial play in the United States, announcing a $1.4 trillion investment framework over the...
A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the environmental campaign group to pay over $660 million...
By Alex Kimani| OilPrice.com | Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers...
Crowley has officially raised the U.S. flag on American Energy, marking the beginning of operations for the first domestic liquefied natural gas...
APA Corporation and its partners, Lagniappe Alaska and Oil Search (Alaska), have made a significant oil discovery in Alaska’s North Slope with...
by Bloomberg|Sara Gharaibeh| Qatar began supplying natural gas to Syria through Jordan, the latest boost to the war-torn country’s interim government following the...
Trump uses Nazi-era rhetoric to attack migrants. On the campaign trail in New Hampshire, former President Trump said migrants were “poisoning the blood of our country,” echoing words Adolf Hitler used in Mein Kampf, scholars said. Trump’s escalating rhetoric on immigration came as lawmakers scrambled to work out a deal on border security, which Republicans are demanding as part of a broader package that would send tens of billions of dollars in military aid to Ukraine.
High-ranking cardinal found guilty of financial crimes. The Vatican’s “trial of the century” ended with Cardinal Giovanni Angelo Becciu being found guilty of embezzlement and fraud in the church’s criminal court and sentenced to five and a half years in prison. Eight others in connection with Becciu, who had been considered a candidate to be the next pope, were also found guilty of financial crimes or abuse of office. Prosecutors discovered money transfers as part of a London real estate deal approved by Becciu in 2013 and 2014; the court found that the transactions were embezzlement and ordered the guilty parties to pay the Vatican more than $200 million in restitution.
Hong Kong media tycoon on trial: Imprisoned media mogul Jimmy Lai will go on trial today in a globally significant case that’s considered a test of Hong Kong’s judicial independence following a security crackdown by China in 2020. Lai, who founded the pro-democracy tabloid Apple Daily, has been charged with colluding with foreign forces and sedition and could face life in prison. One of Lai’s sons has called it a “show trial.”
Blue Origin attempts a return to space. Jeff Bezos’s space company, Blue Origin, will aim to launch its New Shepard rocket in a cargo mission as soon as today. The rocket has been grounded for 14 months after suffering a mid-launch failure in September 2022.
Coming to streaming: Gwyneth vs Terry: The Ski Crash Trial drops today on Max. Paltrow (the titular Gwyneth) was found not at fault in March for a 2016 skiing accident involving optometrist Terry Sanderson. Also, the Leonard Bernstein biopic, Maestro, is coming to Netflix on Wednesday. Bradley Cooper stars as the composer in the film, which is also written and directed by Cooper.
Texas City has lifted its shelter-in-place order after an operational issue at the Marathon Galveston Bay Refinery caused sulfur dioxide to be released into the air.
The air readings throughout the city are normal, and no injuries were reported.
The affected area was south of Marathon GBR to the Texas City Y.
Marathon Petroleum Corporation released the statement below.
“Marathon Petroleum personnel at the company’s Galveston Bay Refinery have resolved an operational upset that had led to a temporary increase in sulfur dioxide emissions earlier today. Emissions have returned to normal levels. There were no injuries. The City of Texas City has lifted a shelter-in-place that it had issued for an area south of the refinery,” the corporation said.
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...
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...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
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...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Have your oil & gas questions answered by industry experts.