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Oil & Gas News
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734Laredo Energy VI Explores Sale Worth Up to $1 Billion
(Bloomberg) — The owners of Laredo Energy VI LP, a gas driller focused in the Eagle Ford Shale in South Texas, are...
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High Oil Prices, No End In Sight Says Local Industry Leaders
By: Michael Dekker – Tulsa World – With oil and gasoline prices setting new records on a daily basis for weeks, there...
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China Lockdowns Cause Oil Price Dip
By: Reuters – Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new COVID-19 lockdown...
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The US and Europe are searching for a way to limit Russia’s oil revenues without driving a price spike, Janet Yellen says
Treasury Secretary Janet Yellen indicated the EU and US are in talks to curb Russian oil revenue. It comes as Russia reels...
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Chesapeake aims to expand push into LNG
By: Reuters – Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing,...
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Gas prices surge again to record high but the driver is refineries, not oil prices
Another week, another record high for gas prices. And there seems to be no immediate relief in sight. Story Credit: Medora Lee,...
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Oil Swings After Hitting Three-Month High
By: Bloomberg News – Oil fluctuated after top exporter Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its...
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Permian Basin oil and gas company agrees to pay $650,000 after air pollution lawsuit
A Permian Basin oil and gas operator agreed to pay $150,000 in fines and spend $500,000 to improve air quality in the...
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Russia’s war on Ukraine could shake up global trade blocs. Here are the winners and losers
By: Weizhen Tan – CNBC – First, it was the pandemic. Then came the Russia-Ukraine war. With two major global crises back-to-back, there...
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Carbon Credits: How They Work And Where to Trade Them
Why were Carbon Credits created? The burning of fossil fuels is a major source of greenhouse gas emissions and the carbon credit...
