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Oil & Gas News
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419US oil output from top shale basins to rise in May, EIA says
By Laura Sanicola |Reuters| U.S. oil output from top shale-producing basins will rise in May to the highest level in five months, the...
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413
Alaska House Advances Bill for Carbon Storage
On Wednesday the Alaska House of Representatives made a significant decision to support the advancement of carbon sequestration technologies. This move will...
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576
Biden Considering Using SPR to Suppress Gasoline Prices
U.S. President Joe Biden has been actively involved in managing gasoline prices, a concern highlighted by John Podesta, a senior adviser at...
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535
EIA Raises WTI Oil Price Forecasts
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) raised its West Texas Intermediate (WTI) oil price forecast for 2024...
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457
Biden’s Oil Terminal Approval Sparks Environmental Backlash
The Biden administration recently granted approval for a significant new oil infrastructure project—the Sea Port Oil Terminal—off the coast of Texas, sparking...
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547
Regional Banks Boost Lending to Fossil Fuel Sector
In the evolving landscape of the American financial sector, a notable trend has emerged: several regional banks in the United States are...
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519
EnQuest’s North Sea Oil Plan Sparks Climate Debate
In the heart of the North Sea, amidst the swirling debates surrounding the future of fossil fuel production and climate change, London-based...
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542
Texas Shatters Oil and Gas Records, Expands Production
In the dynamic landscape of energy production, Texas has been making significant strides, establishing itself as a pivotal powerhouse in the oil...
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497
U.S. Oil Surge Stymied by Costs, Gas Market Woes
Last week witnessed a significant uptick in United States crude oil prices, hitting their peak for the year. Despite this, the combination...
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439
Enterprise Expands Gas Processing in Permian Basin
Enterprise Products Partners L.P. is embarking on a significant expansion of its natural gas processing capabilities in the Permian Basin, specifically in...
