The first crude oil had actually been discovered by the Chinese in 600 B.C. and transported in pipelines made from bamboo. However,...
By: Ari Natter – Bloomberg – The oil and gas industry shed nearly 51,000 drilling and refining jobs in March, a 9%...
By: Kenneth Rapoza – Forbes – Sorry, Greta. Sorry, Extinction Rebellion. We haven’t seen the end of the oil industry yet. The...
By: Jordan Fabian and Jennifer A. Dlouhy – Bloomberg – President Donald Trump said his administration is working on a plan to...
Bloomberg Wire – Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more...
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Avi Salzman – Barrons – Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines....
David Wethe, (Bloomberg) — No one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their...
By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...
By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire...
Continental Resources has entered a joint venture with Türkiye Petroleum and TransAtlantic Petroleum to...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is...
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas...
Wyoming’s latest legislative session delivered some major victories for fossil fuel producers and supporters...
By Alex Kimani for Oilprice.com | Three years ago, Europe suffered one of its...
HOUSTON (Reuters)—The American Petroleum Institute, a leading industry group, said on Wednesday that U.S....
APA Corporation and its partners, Lagniappe Alaska and Oil Search (Alaska), have made a...
By Alex Kimani| OilPrice.com | Hedging is a popular trading strategy frequently used by oil...
Crowley has officially raised the U.S. flag on American Energy, marking the beginning of...
By Nate Raymond, (Reuters) – A federal judge in Louisiana has rejected a bid...
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