One major beneficiary of sanctions on Russian and Venezuelan oil? US suppliers who’ve muscled their way into markets once dominated by OPEC and its allies. US oil exports have set five new monthly records since […]
Brazilian oil and gas company Enauta has set the wheels into motion to bring into being a larger and more diversified independent oil and gas company in Latin America by proposing a business combination with […]
The price of the oil benchmark Brent peaked at $89 per barrel on Tuesday, nearing levels last seen in June 2022, according to Intercontinental Exchange (ICE) data. Industry experts have attributed the surge to an […]
Daily Standup Top Stories BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices April 1, 2024 Mariel Alumit Mississippi Secretary of State Michael Watson and the Securities Division of the Secretary of […]
Remains ready to engage in good faith negotiations with SilverBow towards value-enhancing combination Publishes comprehensive financial and operational data on KTG to support shareholders in analyzing Kimmeridge’s proposal SilverBow made no contact with Kimmeridge before rejecting the March 13 proposal, […]
NEW YORK, April 1 (Reuters) – Crude prices edged up about 1% on Monday with U.S. futures closing at a five-month high, on expectations that economic growth in the U.S. and China will boost demand, […]
North America’s rig count decreased by 21 week on week, according to Baker Hughes’ latest rotary rig count, which was released on March 28. The region’s rig count now stands at 772, comprising 621 rigs […]
The Independent Petroleum Association of New Mexico is being allowed to intervene in a lawsuit brought by environmentalists who contend the state has failed its duties to protect residents from oil and gas pollution. A […]
Big Oil companies are skeptical of the green transition and believe it is failing. Oil majors continue to heavily favor fossil fuel production despite investments in green energy. There are challenges to achieving a successful […]
(Bloomberg) – The U.S. purchased 2.8 MMbbl of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies. The Energy Department has been slowly refilling the Strategic Petroleum Reserve after it […]
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