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Oil & Gas News
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969Russian Cyber Threats Are Targeting The Texas Power Grid
By: Mitchell Ferman – The Texas Tribune – Russian hackers have been probing Texas’ energy infrastructure for weak points in digital systems...
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From Fortune: Russian oil tankers have vanished from tracking systems. Someone is buying that crude and we don’t know who.
Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But...
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Biden Plans Major Withdrawal From Oil Reserves
By: NPR – President Biden is expected to announce on Thursday a plan to draw 1 million barrels of oil per day...
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Bankruptcy Fears Turn Into Merger Mania In U.S. Oil Patch
By: Oilprice.com – How quickly fortunes can change in the oil and gas business. Last year, U.S. oil and gas companies were...
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U.S. oil exports surge, Cushing supplies dwindle
By: Reuters – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go...
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Cheap Russian Oil, India is buying, is China next?
By: Weishen Tan – CNBC – There’s been a “significant uptick” in Russian oil deliveries bound for India since March after Russia’s...
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Opinion: What would it take for U.S. oil companies to ramp up production? A lot.
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, oil companies and...
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What Oil Price Do Cos Need to Profitably Drill in USA?
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to...
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ConocoPhillips looking to divest gas assets in Texas and Oklahoma
ConocoPhillips is considering selling its gas-producing assets in the Anadarko basin of North Texas and Western Oklahoma, in the US, reported Reuters,...
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Occidental plans up to $1 billion for facility to capture carbon from air
HOUSTON (Reuters) –Occidental Petroleum on Wednesday outlined plans to advance its clean energy transition business, including spending between $800 million and $1...
