Stonehenge Covered in Powder Paint by Just Stop Oil Protesters
The move comes the day before celebrations for the Summer Solstice....
Exploration & Production
USA EIA Drops WTI Price for 2024
The U.S. Energy Information Administration lowered its West Texas Intermediate oil price forecast in its latest short term energy outlook....
Chevron Signs Contracts for Ultra-Deepwater Blocks in Angola Amid Attractive Policies
Multinational energy corporation Chevron has signed two Risk Service Contracts (RSC) for Block 49 and Block 50, located in the ultra-deep waters of Angola’s Lower...
Newfound Ohio Utica Shale Oil Play Yielding Results
Recent data from the Ohio Department of Natural Resources (ODNR) confirms an emerging Ohio oil play with untapped potential. Traditionally thought of as a natural...
USA EIA Lowers 2024 Brent Oil Price Forecast
The U.S. Energy Information Administration lowered its 2024 Brent spot price forecast in its latest short term energy outlook....
Mexican President Says Billionaire Slim Wants to Join Pemex in Natural Gas Project
Mexico’s President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country’s first deepwater natural gas project, working alongside state...
Opinions Differ on Future Oil Supplies and Demand
Crude oil is an important commodity that is traded worldwide. Its price varies from country to country and from state to state daily. Today, June...
Brazil’s Lula Backs Petrobras Bid To Explore Offshore
President Luiz Inacio Lula da Silva on Wednesday threw his weight behind a push by state-run oil company Petrobras to explore…......
Berkshire Buys Nearly 2.57MM More Shares from Occidental
Billionaire Warren Buffett bought almost 2.57 million more common stocks from Occidental for about $153.3 million....
Matador Resources in $1.91 bln Deal to Expand in Delaware Basin
U.S. oil and gas producer Matador Resources said on Wednesday it would add oil and natural gas producing assets and undeveloped acreage in the Delaware basin in an about $1.91 billion cash deal for a unit...