The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
Refiners and importers of gasoline or diesel fuel who must demonstrate compliance with the RFS need to be mindful of the risks related to their RVOs…
The production and sale of energy is growing – and with consumption increasing, the world’s producers and providers are having to think of renewable methods in…
The COVID-19 pandemic has caused global industrial slowdowns and travel restrictions resulting in an unprecedented and rapid decline in the global demand for oil. Coupled with…
Consumption of oil and natural gas in the U.S. will increase during the remainder of this year, according to a new study by the Energy Information…
Record One-Month Oil and Gas Job Loss and Crude Oil Production Decline The Texas Alliance of Energy Producers’ Texas Petro Index (TPI) dropped steeply from March to April…
Oil companies in Texas reportedly started to pay buyers to take oil off their hands and even pumping it underground for storage.
In March 2020, talks broke down between OPEC leader Saudi Arabia and Russia, which is not a member of OPEC. The two oil-producing countries met in…
Bakken production is expected to fall through 2020, however, it will remain above 1million barrels of oil equivalent per day (mmboed) at the end of this…
The Oil and Gas Blockchain Consortium aims to reduce costs, increase efficiency and provide transparency for industry...
Mining involves capital investment, with one-third accounting for equipment, according to Mordor Intelligence. Mining operations require the use of different machinery to achieve various tasks with accuracy…
Reduced demand due to economic slowdown, coupled with the COVID-19 outbreak, has led to cancellations of long-term liquefied natural gas (LNG) supply contracts and cargo deferments…
Joe Biden’s proposal to ban new offshore oil and gas drilling in federal waters would cost nearly 200,000 jobs, strip the U.S. government of billions in…
In this “lower for longer” environment, the vast majority of energy companies cut payouts, including 60 companies this year since early March. In contrast, France’s Total…
The oil and gas industry is well known for having pronounced boom and bust cycles, with the current trend being downward due to the reduced demand…
Regional energy companies are investing to consolidate their oil and gas market share over the long term. The race among Gulf national oil companies (NOCs) to…
China and the U.S. and are expected to lead the capacity growth in the global LNG liquefaction and regasification sectors from planned and announced (new-build) projects…
The COVID-19 crisis has affected a wide range of businesses, but its impact on the oil and gas industry is particularly severe due to restrictions on…
TULSA, Okla., — The GPA Midstream Association and affiliated midstream suppliers association GPSA announce their 2020 – 2021 officers and new board members elected to lead…
DALLAS — Williams & Williams, a worldwide real estate auction firm and leader in global live and interactive auctions will auction 20+ properties for oilfield services…
Oil and gas companies are facing increasing scrutiny for their carbon intensive operations. With the passing of the 2015 United Nations Climate Change Framework, the demand…
Following the release of data by the Energy Information Administration (EIA) Weekly Petroleum with information on refined products supplied and stocks weekly changes in crude oil;…
Rusty Hutson Jr is the boss of fast-growing US energy firm Diversified Gas & Oil.
Norman, Okla. – In response to the challenges of pandemic-related global demand for energy resources, the University of Oklahoma Energy Institute is launching a new summer…
Natural gas, the nation’s largest source of electricity, has been in a growth mode during the last 40 years. “Demand for natural gas has been growing…
With the impact of COVID-19 outbreak globally and the downturn in oil and gas market prices, companies are announcing project delays. The U.S. had the largest…
AUSTIN, Texas – Boosting its advocacy powers during these historic times, the Texas Alliance of Energy Producers (the Alliance) has hired Jason Modglin as its new…
Stringent travel restrictions worldwide have wiped out the market for fuel transportation and long storage durations have led to the deterioration of products such as gasoline…
The Oil & Gas Technology Centre (OGTC) has today {1 June, 2020} announced the appointment of Martin Gilbert as Chair of the Aberdeen-based research and technology…
The decline in the demand for petroleum products worldwide has delivered a severe blow to the oil and gas industry in Texas as companies are forced…
Find out why the combination of the Saudi/Russian oil price war and the global COVID-19 pandemic has demonstrated a greater need for hedging freight costs. The…
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today released a Request for Proposals (RFP) to purchase up to one million barrels of sweet crude oil…
Crude oil prices have firmed up from its crash one month ago, but the industry’s reduction in capital expenditures and decline in future drilling will negatively…
Arlington, Virginia – Venture Global LNG, Inc. is proud to announce the successful raising of the second LNG storage tank roof at the company’s Calcasieu Pass…
Natural gas prices have struggled in early 2020, hitting record lows due to U.S. dry gas production being at a record high – which has impacted…
A growing number of enterprises, far away the gaming and entertainment sectors, are leveraging immersive technologies such as augmented reality (AR) and virtual reality (VR) to…
Total SA’s (Total) robust upstream business tops the European majors’ peer group when assessed against the impact of COVID-19 and the current oil price volatility, says…
The upstream oil and gas industry has one of the highest rates of severe injury in the country, according to an analysis of workplace data by E&E News.…
Gov. Doug Burgum and U.S. Senator John Hoeven met with President Donald Trump at the White House, highlighting the benefits of state-federal partnerships to North Dakota’s COVID-19 response and recovery efforts…
Next week will be critical for the oil industry as the June contracts expire on Thursday, May 19, for West Texas Intermediate traded on the New…
The global liquefied natural gas (LNG) liquefaction sector is reeling under the pressure of falling oil and gas prices, weak LNG demand and poor global economic…
The global oil and gas industry has witnessed a significant slowdown in the number of oil and gas contracts and contract value, which is largely attributed…
Oil companies are dealing with a plethora of challenges due to the sudden decline in demand amid the COVID-19 pandemic. Distant storage locations increase costs as…
Global oil demand and prices have plummeted – what’s next for the international energy market and the nations that depend on it? Guest: Francisco Monaldi, expert…
Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realized oil…
Featured: Super-rare Harbor Petroleum and Rebel Oil signs; very first (1906) Virginia license plate #1, visible gas pumps, Pacific Bait & Tackle neon ‘leaping fish’ sign…
Whether it’s a catastrophic event that affects lives, or a failure by damage mechanisms that affects finances, there’s no question that reliability and safety is always…
After dipping into negative territory for the first time ever last month, crude oil prices could be headed towards $42/bbl. It seemed impossible at the time,…
Just a few years ago the head of ExxonMobil had to appear before a Congressional committee to explain their billions of dollars in profits that some…
