The U.S. Bureau of Land Management (BLM) has announced oil and gas lease sale results for Wyoming, Colorado, Montana/Dakotas, New Mexico, and Nevada. In the BLM Wyoming State Office, a two-day lease sale offering 122 […]
Friend of Fringe Finance and well known financial news contributor – as well as 38 year veteran of markets Kenny Polcari has been kind enough to share his most recent thoughts on the market with our readers. […]
Oil and gas companies in the US are striving to find a balance between ongoing environmental, social and governance (ESG) initiatives and a desire to ramp up production as the world battles a sweeping energy […]
Norway, a leading European supplier of hydrocarbons, is reducing its output of oil and natural gas due to a strike by senior offshore workers, which began on Tuesday. The Norwegian Organization of Managers and Executives (Lederne) […]
Germany may struggle to reach adequate levels of gas storage by winter despite a $15.7 billion credit line. If Germany does not start conserving gas immediately, it could face shortages through autumn, winter, and next […]
HOUSTON, July 5 (Reuters) – More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported to Europe and Asia […]
Crude oil futures were mostly steady in mid-morning Asian trade July 5, consolidating strong gains from the previous day, as supply disruptions from Norway further added to existing supply woes. At 10:52 am Singapore time […]
Russia is expected to meet just 25% of EU gas demand this year, its lowest level in more than two decades, the International Energy Agency said July 5. In its latest quarterly gas market report, […]
President Joe Biden is heading to Saudi Arabia to talk about the global energy crisis. Despite saying that his upcoming visit is not about oil, Biden does acknowledge that he would like for the Gulf […]
The North Field East LNG project will expand Qatar’s LNG export capacity from the current 77 million tons per annum (mtpa) to 110 mtpa. A $28.75 billion investment, NFE is to start production before the end of […]
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