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Story By Chris Mathews | Hart Energy, via Yahoo News| Midcontinent oil and gas producer Mach Resources is planning to go public,...
By: Carlsbad Current-Argus – Oil and gas operations in the Permian Basin continued to decline this week, signaling American supplies were meeting...
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By: Reuters – A former deputy chief of Russian natural gas producer Novatek (NVTK.MM) was sentenced on Thursday to seven years and two months...
By: Reuters – Government policies to fight climate change are discouraging oil companies from investing heavily in new production even as they...
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Crude futures edged lower Tuesday after news reports said Equinor had resumed partial production at Norway’s massive Johan Sverdup oil field after it had been shut down by a power outage, though downside was limited by concerns around developments in the Russia-Ukraine war.
Russian President Vladimir Putin on Tuesday signed a revised nuclear doctrine declaring that a conventional attack on Russia by any nation that is supported by a nuclear power will be considered a joint attack on his country. It follows President Joe Biden’s weekend decision to allow Ukraine to use long-range missiles to strike deep into Russian territory.
Oil rose Monday over 3% on a combination of factors, including the outage at the Johan Sverdup field, which produces 755,000 barrels a day, as well as a softer U.S. dollar and concerns about intensified fighting between Ukraine and Russia, a major oil producer.
As of around 7:45 AM ET, Tuesday morning, here is a snapshot of prices:
West Texas Intermediate crude for December delivery down 33 cents to $68.83 a barrel on the New York Mercantile Exchange.
January Brent crude, the global benchmark, was down 18 cents at $73.12 a barrel on NYMEX.
Over the past five years, BP has attempted to make a bold move to...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
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ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
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By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
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Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to...
We are continuing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the...
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