G7 finance ministers are set to meet on Friday to thrash out a US-led plan to cap Russian crude oil prices. Officials...
MOSCOW (Reuters) -Ravil Maganov, the chairman of Russia’s second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in...
Oil futures ended lower for the third month in a row in August to tally their longest streak of monthly losses in...
By: Cathy Bussewitz – AP – As winter nears, European nations, desperate to replace the natural gas they once bought from Russia,...
HART ENERGY: The Permian Basin’s economic impact on Texas and the nation is growing—thanks to both its natural and renewable energy resources....
From The New York Times. California made history late last week when its regulators approved an ambitious plan to phase out the...
By: Associated Press – A team from the U.N. nuclear watchdog on Monday started its journey to the Zaporizhzhia atomic power plant...
OilPrice.com. Oil and gas supermajors are on course to repurchase their shares at near-record levels this year thanks to soaring oil and...
(Bloomberg) — Progress toward an Iranian nuclear deal has thrown the spotlight onto a sizeable cache of crude held by Tehran that...
(Bloomberg) — The lights go off and the French chanson music suddenly cuts out. The morning buzz inside the Image Café in...
The EU's Red Sea naval mission says there are no obvious signs of an oil spill from a tanker attacked by Houthis in Yemen on Friday.
But a fire on board the MV Sounion has continued to burn.https://t.co/HfDL1Qg1DY
— DW Europe (@dw_europe) August 26, 2024
The numbers: The Commerce Department said Monday that orders at U.S. factories for long-lasting goods, such as new cars or machinery, jumped 9.9% in July.
Economists had forecast a 4% rise in orders for durable goods — products made to last at least three years.
Orders have risen in five of the last six months. However, they dropped 6.9% in June due to weak aircraft orders.
Excluding the volatile transportation sector, orders were up 0.2% in July after a 0.1% gain in the prior month.
Another measure in the report seen as a bellwether for business investment — core capital-goods orders, which exclude volatile sectors like transportation and defense — slipped 0.1% last month after a 0.5% rise in June.
A small group of California Republicans has introduced several bills ahead of a special...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
Helium is the second most abundant element in the universe after hydrogen. It is a...
Have your oil & gas questions answered by industry experts.