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527Oil & Gas NewsOil 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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645Oil & Gas News
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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593Oil & Gas News
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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587Refining
Trans Mountain pipeline expansion likely to send more Canadian crude oil to US, not Asia
Story By Nia Williams – (Reuters) – The Trans Mountain pipeline expansion (TMX) was meant to unlock Asian markets for Canadian oil,...
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644Markets
Occidental Outperforms Market after Berkshire Raised Stake
Story By Jov Onsat |RigZone| Occidental Petroleum Corp. outpaced the stock market in the week’s opening session after billionaire Warren Buffet’s Berkshire...
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608Oil & Gas News
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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608Oil & Gas News
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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568Oil & Gas News
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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597Oil & Gas News
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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747Oil & Gas News
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...
