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HomeCrude Oil News

Crude Oil News

Alaska
Critical Minerals

Department of Interior shuts down millions of acres of Alaska to all oil, gas and mining activity

July 10, 2024 Mariel Alumit

The Interior Department last Friday blocked 28 million acres of federal land in the state of Alaska from any mining or oil and gas development. Rick Whitbeck, Alaska state director for Power The Future, said the […]

oil
Crude Oil News

‘Will you stop exploring yours?’: Latin America forges ahead on new oil frontier

July 9, 2024 Mariel Alumit

About half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in […]

world of crude oil
Climate Crisis

Scam of the Century! Ridding the world of crude oil without a replacement is global suicide!

July 9, 2024 Mariel Alumit

Co-authored by Ronald Stein and Gregory Wrightstone. History has shown that warming is good and continues to be good for humanity and vegetation, as improvements in crop yields have been essential to feed a growing population. The world […]

Coal

UK Net Zero 2030 Feasibility

July 9, 2024 Andy Del Prado

Daily Standup Top Stories South Dakota clashes with Minnesota on clean energy, coal plant closures July 8, 2024 Mariel Alumit SIOUX FALLS, S.D. – A political border war between South Dakota and Minnesota on how to […]

Oil
Crude Oil News

Oil down on worries Hurricane Beryl could hit US demand

July 8, 2024 Mariel Alumit

July 8 (Reuters) – Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on hopes a possible ceasefire deal […]

Eni
Crude Oil News

Eni makes oil and gas discovery off Mexico coast

July 8, 2024 Mariel Alumit

July 8 (Reuters) – Italian energy group Eni (ENI.MI), opens new tab has made a significant oil and gas discovery in the Sureste Basin, about 63 kilometres off the coast of Mexico, it said on Monday. The […]

ConocoPhillips
Crude Oil News

ConocoPhillips sues over Biden’s oil and gas drilling ban in Alaska

July 8, 2024 Mariel Alumit

(Bloomberg) – ConocoPhillips sued to block a Biden administration ban on drilling across nearly half the National Petroleum Reserve in Alaska, claiming the measure violates a federal law that compels oil development there. The lawsuit […]

Devon Energy
Crude Oil News

Devon Energy Announces Strategic Acquisition in the Williston Basin and Expands Share-Repurchase Authorization by 67 Percent to $5 Billion

July 8, 2024 Mariel Alumit

OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) — Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction […]

Natural Gas
Commodities

Has The Extreme Bear Market in Natural Gas Come to an End?

July 7, 2024 Stu Turley

In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some […]

AI

Google falling short of climate target

July 4, 2024 Andy Del Prado

Daily Standup Top Stories French nuclear giant scraps SMR plans due to soaring costs, will start over July 3, 2024 Mariel Alumit The French nuclear giant EdF, the government owned company that manages the country’s vast […]

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