From Insider Monkey. In this article, we take a look at the 15 largest oil fields in the world and the size...
WASHINGTON, (Reuters) – It could take years for the United States to refill the Strategic Petroleum Reserve, the energy secretary told lawmakers...
By: CNBC – Nevada’s largest electricity provider has been approved for a $333 million project to develop a natural gas plant north...
By Jerry Bohen, OK Energy Today. The Arkoma Woodford Basin in eastern Oklahoma continues to yield successful wells for Tulsa energy company...
(Reuters) – As U.S. refiners rejigger operations to reflect declining domestic motor fuels demand in the next decade, they will seek to...
By: Natural Gas Intelligence – Saudi Arabia’s state-owned oil producer posted record profits for 2022, up nearly 50% year/year, lifted by soaring...
By: KFOR – The Oklahoma Corporation Commission held a special meeting Monday concerning a proposed senate bill that would change how utility...
By: Reuters – Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike...
Energy Story by Catherine Boudreau, Jacob Zinkula [Business Insider] President Joe Biden can’t quit fossil fuels even though he knows he needs...
Did Nord Stream attackers in hired yacht take late-night delivery of explosives in scenic German harbor before a dangerous dive mission to...
Kinder Morgan is expanding its Gulf Coast Express Pipeline, investing $455 million to increase natural gas deliveries from the Permian Basin to South Texas by 570 million cubic feet per day by mid-2026. This decision comes after securing long-term transportation agreements.
Additionally, Kinder Morgan is undertaking several other natural gas infrastructure projects in the southern U.S., including:
South System Expansion 4: A $3 billion project to increase South Line capacity by 1.2 billion cubic feet.
South Texas to Houston Market expansion: A $154 million project to add 500 million cubic feet per day capacity.
Evangeline Pass project: A $670 million project to enhance systems in Mississippi and Louisiana, delivering 2 billion cubic feet per day to a LNG facility.
These projects aim to meet the growing demand for natural gas transportation and distribution in the region.
(Reuters) - Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
Brent crude futures fell $1.39, or 1.87%, to $73.06 a barrel. U.S. West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or 2.05%.
Brent settled more than 7% lower this week, while WTI lost around 8%, marking their biggest weekly declines since Sept. 2, when OPEC and the International Energy Agency cut their forecasts for global oil demand in 2024 and 2025.
In China, the world's top oil importer, the economy grew at the slowest pace since early 2023 in the third quarter, though September consumption and industrial output beat forecasts.
"China is key to the demand side of the equation so that is very much weighing on prices here today," said John Kilduff, partner at Again Capital in New York.
China's refinery output declined for the sixth straight month as thin refining margins and weak fuel consumption curbed processing.
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
President Donald Trump wasted no time reversing the country’s energy policies upon taking office,...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed...
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from...
Tsvetana Paraskova | OilPrice.com | President Trump’s ‘drill, baby, drill’ policy promises to unleash...
By Bloomberg|Joumanna Bercetche, Anthony Di Paola. | China is still driving growth in global...
(Reuters) – Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he...
Have your oil & gas questions answered by industry experts.