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Oil & Gas News
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667U.S. poised to become net exporter of crude oil in 2023
HOUSTON, Dec 19 (Reuters) – The United States has become a global crude oil exporting power over the last few years, but...
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Japan Makes Inquiries On Buying Russian Oil
By: Reuters – Japan is making inquiries with its major oil refiners about buying Russian ultralight crude from the Sakhalin-2 gas and...
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885
U.S. Energy Department begins buying back oil for strategic petroleum reserve
WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR,...
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Earthquake Adds New Hurdle to Slowing Texas Oil Output Gains
Liz Hampton, Reuters – The latest earthquake to rattle West Texas will add costs to producers already snarled by inflation and supply...
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HSBC To Stop Funding New Oil & Gas Fields
By: Reuters – HSBC (HSBA.L) will stop funding new oil and gas fields and expect more information from energy clients over their plans...
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Texas Faces Arctic Blast 22 Months After Freeze Knocked Out Power
Brian K. Sullivan and Mitchell Ferman, Bloomberg News–– Texas is bracing for a blast of arctic conditions just 22 months after a deadly...
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809
China Daily Oil Throughput Hits One-Year High
By: Reuters – China’s daily crude oil throughput rose to a one-year high in November, official data showed on Thursday, as refiners...
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Biden May Be About to Sign Off on a Huge Alaska Oil Drilling Project
Story By Philip Elliott – TIME. When Joe Biden was a candidate to be his party’s nominee for President, he ran as...
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OPEC Sees Robust Oil Demand Growth In 2023
By: Reuters – OPEC on Tuesday said it expected to see robust global oil demand growth in 2023 with potential economic upside...
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U.S. details nuclear fusion breakthrough — but experts caution commercial viability is a decade or more away
From MarketWatch. The U.S. Department of Energy on Tuesday announced a breakthrough in ongoing research for nuclear fusion, long heralded for its...
