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Oil & Gas News
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619Production vs Import: The U.S. Oil Paradox
The U.S. is currently experiencing one of its biggest economic shocks, largely due to high oil prices and the associated costs of...
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505
BP Halts Red Sea Tanker Transits
BP, the oil giant, has temporarily halted its tanker movements through the Red Sea due to increased attacks in the region, attributed...
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623
Tokyo Gas Buys Rockcliff Energy for $2.7B
Tokyo Gas Co., through its subsidiary Tokyo Gas America Ltd., is set to make a major move in the U.S. shale gas...
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635
U.S. Oil and Gas Production Record Broken
The United States has made a big splash in the oil world by setting a new annual record for oil production, and...
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519
Shell, Venezuela LNG Agreement Stalled
Shell PLC and Venezuela’s state oil company, PDVSA, are currently at a standstill over how much to charge for future shipments of...
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555
Texas RRC Imposes Heavy Penalties
On a decisive Wednesday at the Commissioners’ Conference, the Railroad Commission of Texas (RRC) executed its regulatory duties with vigor, issuing fines...
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525
BP Slashes Ex-CEO Looney’s Pay for Misconduct
British oil company BP (BP.L) has significantly reduced former CEO Bernard Looney’s compensation by over $40 million. This decision came after BP...
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539
ESG Funds Boost Fossil Fuel Holdings
The largest class of ESG (Environmental, Social, and Governance) funds, controlling about $5 trillion in assets, has increased its investment in the...
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831
New COP28 draft deal stops short of fossil fuel ‘phase out’
By Kate Abnett, Gloria Dickie and David Stanway | DUBAI, (Reuters) – A draft of a potential climate deal at the COP28 summit on Monday suggested...
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575
Nevada Judge Rules Against Tribes in Lithium Mine Case
In Nevada, a federal judge has delivered a blow to three tribal nations opposing the construction of what could be the United...
