Canada looks set to be hit by industrial action at its two main freight rail companies from this Thursday as employers and employees made their positions clear over the weekend with no deals in sight […]
Millions of abandoned oil and gas wells in the US pose a serious environmental and public health risk. The Bipartisan Infrastructure Law allocates $4.7 billion to address the issue, but the estimated cleanup cost is […]
Weekly Daily Standup Top Stories Politicians Backing Net Zero Working Hard To Make Gas Prices Much Higher August 10, 2024 Stu Turley The only way for ‘net zero’ politicians like Kamala Harris to eliminate gasoline is […]
HONG KONG — A Hong Kong-listed Chinese oil company has disclosed that it lost the bulk of its oil and gas rights in the U.S., with the announcement coming years after the contracts were terminated. […]
The world’s biggest oilfield services company is expanding in Russia following the exit of its main western rivals since Moscow’s full-scale invasion of Ukraine. SLB, the Houston-based company formerly known as Schlumberger, has signed new […]
(Reuters) Chevron Corp is to pay Richmond City Council $550 million over 10 years, the city said in a statement, in a settlement that saw it drop a proposed ballot on a new tax on […]
Constantly advancing technology has always been the driver behind the advance of the oil-and-gas industry since the first successful U.S. well was drilled by Edwin Drake near Titusville, Pennsylvania, in 1859. The Drake well was […]
China’s coal imports are soaring, driven by rising power demand and low international prices. LNG imports have also increased due to lower spot prices and growing demand for transportation fuel. Crude oil imports have declined, […]
Oil prices rose after a two-day slump, fueled by worries about potential conflict in the Middle East following the killing of a Hamas leader. This price increase came despite a surprise inventory build reported by […]
U.S. petroleum refiners have trimmed crude processing rates in response to a rise in fuel inventories and a decline in refining margins since the start of 2Q 2024. Refiners’ gross inputs of crude and unfinished […]
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