U.S. energy firms cut the number of natural gas rigs by the most in a week since October 2017, while adding the most oil rigs in a week since June, energy services firm Baker Hughes […]
Raymond James trims its 2023 U.S. rig count forecast to 750 from 813 on lower natural gas prices; lowers PT of some of the oilfield services companies. U.S. natural gas futures fell by 40% […]
Goldman Sachs lowered its oil price forecasts for this year and next but still expects prices to rise gradually to $100 a barrel by December. Goldman lowered it Brent 2023 price forecast to $92 per […]
Semi-trucks line up near Pier J to retrieve shipping containers from China-based ship at the Port of Long Beach, in Long Beach, California, U.S., April 4, 2018. REUTERS/Bob Riha Jr./File Photo WASHINGTON, Feb 9 (Reuters) […]
After advertising its efforts to produce environmentally friendly fuels from algae for over a decade, Exxon Mobil Corp. is now quietly walking away from its most heavily publicized climate solution. Exxon has slashed its support for Viridos Inc., […]
Owners of the world’s largest carbon capture facility plan to restore operations at the $1 billion plant three years after it shut down, providing a test case for a nascent industry that experts believe is […]
President Joe Biden went off-script during an otherwise climate-friendly State of the Union speech Tuesday night to acknowledge an uncomfortable reality for the White House: “We’re still going to need oil and gas for a […]
Russia’s foreign ministry said on Wednesday the United States had questions to answer over its role in explosions on the undersea Nord Stream gas pipelines last year. Commenting on a report published earlier on […]
Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE Courtesy of Flickr and Paint A new carbon-busting power couple was formed when two startups joined forces to trap carbon dioxide via direct air capture and […]
Big Western oil firms more than double profits to $219 bln Surge in revenue allows them to reduce debt Spending rises, climate targets pushed back LONDON, Feb 8 (Reuters) – Big Oil more than […]
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