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Oil & Gas News
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550Oil inventory drops set stage for higher prices
LONDON/HOUSTON/SINGAPORE, (Reuters) – Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from...
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Britain Commits to Hundreds of North Sea Oil and Gas Licenses
By: Reuters – Britain on Monday committed to granting hundreds of licenses for North Sea oil and gas extraction as part of...
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Billionaire Harold Hamm Sees a Great Oil Fortune Still Untapped in US Shale
Continental is the biggest shale oil producer in North Dakota and Oklahoma, while also drilling wells in Wyoming and in the prolific Permian...
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How is New Mexico influencing federal oil and gas air pollution policy?
Story By Adrian Hedden|Carlsbad Current-Argus| National policy on controlling air pollution from oil and gas could be modeled after New Mexico’s recently...
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Chevron Expects ‘Low End of Guidance’ for Annual Production
Chevron Corp, one of the world’s leading oil companies, announced on Friday that its annual oil and gas production is expected to...
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Australian State Victoria Bans Gas to New Homes Starting in 2024
In a groundbreaking move towards a greener future, Victoria, the second-most populous state in Australia, has announced its decision to prohibit natural...
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Nation’s largest electric grid operator declares Level-1 emergency amid scorching heat
Story By Chris Oberholtz |Fox Weather| America’s largest electric grid operator has issued a Level-1 energy emergency alert as the tremendous demand...
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A Major Milestone: Global Wind Power Capacity Reaches 1 Terawatt
Story Credit: Terence West |EnergyPortal.eu| A major milestone has been reached in the global clean energy sector. In June, the capacity of...
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Oil Profits Slump As Oil and Gas Prices Cool
Second-quarter profits for Shell and TotalEnergies took a significant plunge from the high earnings of 2022, as oil and gas prices, refining...
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EQT In Deal With Energy Transfer Louisiana Lake Charles LNG Export Plant
By: Yahoo – EQT, the biggest U.S. natural gas producer, entered into a liquefied natural gas (LNG) agreement with U.S. energy firm...
