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Oil & Gas News
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497Oil Production Cuts ‘Irresponsible’ – Shell CEO
By: AP – The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at...
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614
The oil market faces the risk of a major shock as high interest rates cause traders to dump inventories
Story By Filip De Mott |Business Insider| The oil market is vulnerable to a shock as high-interest rates cause global inventories to...
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564
US Oil and Gas Production Set to Turn Down Later in 2023
By: Reuters – U.S. oil and gas production continued to trend higher through April – a delayed response to very high prices...
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577
Oil Up as Market Weighs Supply Cuts Against Gloomy Economic Outlook
By: Reuters – Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and...
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573
Oil Giants Drill Deep as Profits Trump Climate Concerns
By: Reuters – Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they...
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542
Heat and severe storms threaten July 4th travel, festivities across South and Northeast
Story By Mirna Alsharif and Christine Rapp |NBC News| As the extended 4th of July holiday weekend looms on the horizon, heat...
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567
Feds Reject Proposal to Phase out Oil and Gas Drilling in New Mexico, US
By: Carlsbad Current-Argus – Federal officials rejected a petition from New Mexico environmental groups to phase out oil and gas drilling on...
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708
New Mexico Fines Ameredev $40MM Over Egregious Violations
By: Yahoo – State regulators have imposed a $40.3 million fine on a Texas oil company for what they called egregious violations...
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495
Chevron offers to sell oil and gas properties in New Mexico, Texas
HOUSTON (Reuters) – Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents...
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573
Oil and gas will continue to power the world for decades to come, big oil firms say
Story By Lee Ying Shan |CNBC| To meet energy demand, oil and gas will continue to be leading sources of energy for...
