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Oil & Gas News
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849Hart Energy: Continental Resources Promotes Doug Lawler to President, COO
From Hart Energy: Continental Resources Inc. promoted Doug Lawler on Aug. 18 to serve as president and COO. Lawler joined Continental in...
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874
Oil prices will rebound to $125 this year as recent declines haven’t fully accounted for supply constraints, UBS says
Brent oil will bounce back to $125 a barrel by the end of 2022, UBS said Wednesday. Brent has dropped 25% since...
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782
Oil Edges Off Low As Demand Drains U.S. Crude Stocks
By: Reuters – Oil prices rose about 1.5% after hitting a six-month low on Wednesday, as a steeper-than-expected drawdown in U.S. crude...
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874
OPEC Not To Blame For Soaring Inflation
By: Sam Meredith – CNBC – New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to...
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Business Insider: Saudi Arabia funneled oil riches into big-cap US stocks with a $7.5 billion buying spree amid falling valuations
Saudi Arabia’s sovereign-wealth fund ramped up its bets on US big-cap stocks in the second quarter. The Public Investment Fund poured more...
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907
Jet Fuel Demand Back with a Vengeance
Story from RigZone. Jet fuel demand has come back with a vengeance, despite the recent bout of Covid-19, and should continue to...
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745
Buffett’s firm buys more Apple, Amazon while betting on oil 🛢
OMAHA, Neb. (AP) — Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while...
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963
Energy traders are making a killing exporting US natural gas to Europe as prices there soar — with single shipments bringing in $200 million
Energy companies and traders are raking in huge profits selling US natural gas to Europe as prices there skyrocket. The US is...
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831
New Mexico’s oil counties lead nation in low-producing, high-polluting wells, report says
Story by Adrian Hedden, Carlsbad Current-Argus. Two of New Mexico’s most productive oil and gas counties also contain its most low-producing or...
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724
A disturbance is developing in the Gulf of Mexico. What the forecast shows.
A disturbance began to develop Friday just offshore of southeastern Louisiana in the Gulf of Mexico, forecasters said. The system, described as...
