By: Reuters – Japan is making inquiries with its major oil refiners about buying Russian ultralight crude from the Sakhalin-2 gas and...
WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR,...
From Business Insider: As the cracks in Russia’s war on Ukraine deepen, Russian oligarchs sanctioned by the West are now saying Russian...
Liz Hampton, Reuters – The latest earthquake to rattle West Texas will add costs to producers already snarled by inflation and supply...
By: Reuters – HSBC (HSBA.L) will stop funding new oil and gas fields and expect more information from energy clients over their plans...
Brian K. Sullivan and Mitchell Ferman, Bloomberg News–– Texas is bracing for a blast of arctic conditions just 22 months after a deadly...
By: Reuters – China’s daily crude oil throughput rose to a one-year high in November, official data showed on Thursday, as refiners...
Story By Philip Elliott – TIME. When Joe Biden was a candidate to be his party’s nominee for President, he ran as...
By: Reuters – OPEC on Tuesday said it expected to see robust global oil demand growth in 2023 with potential economic upside...
From MarketWatch. The U.S. Department of Energy on Tuesday announced a breakthrough in ongoing research for nuclear fusion, long heralded for its...
Oil prices settled nearly 5% down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted Libyan crude production and exports.
Brent crude futures closed down $3.77, or 4.9%, at $73.75 a barrel, their lowest level since Dec. 12. West Texas Intermediate crude futures (WTI) , which did not settle on Monday because of the U.S. Labor Day holiday, fell $3.21, or 4.4%, to $70.34 - also their lowest since December.
Brent closed down 0.3% last week, while WTI settled 1.7% lower.
Libya's legislative bodies have agreed to appoint a new central bank governor within 30 days after U.N.-sponsored talks, a statement signed by representatives of those bodies said on Tuesday.
U.S. stocks finished sharply lower on Tuesday, kicking off a historically tough month for the market. Investors assessed weak manufacturing data that reignited concerns over an economic slowdown.
According to preliminary data from FactSet, the Dow Jones Industrial Average fell 1.5% to end near 40,936.
The S&P 500 was off 2.1% to finish around 5,529.
The Nasdaq Composite tumbled 3.3%, ending near 17,136.
The three benchmark indexes suffered their worst day since the Aug. 5 market meltdown.
Helium is the second most abundant element in the universe after hydrogen. It is a...
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...
A small group of California Republicans has introduced several bills ahead of a special...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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