Singapore — 0249 GMT: Crude oil futures fell further in mid-morning trade in Asia Dec. 23 as bearish data from the American Petroleum Institute took the market by surprise, and as US President Donald Trump rejected […]
Iranian Oil Minister Bijan Zangeneh described Russia as a strategic partner and welcomed Russian investment in Iran’s energy sector. “We identify Russia as a strategic partner, and this partnership is not something that can be […]
Enverus – Industry Insight Comment from Andrew Dittmar In a one-two punch, Permian pure-play Diamondback Energy has added over 80,000 net acres in the core Midland Basin for ~$3 billion. Diamondback is acquiring publicly traded […]
Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]
OPEC+ will meet on 4 January to discuss market developments and determine production levels Russia and Saudi remain committed to the OPEC+ deal on production cuts, said Russian Deputy Prime Minister Alexander Novak, the nation’s […]
“On one hand, the energy transition is real and here to stay. On the other hand, there are 280 million cars on the road in the U.S. today, 279 million of them running on oil, […]
Bluewater Energy, Inc acquires Tri-Tech Energy Services. Tri-TechEnergy Services (TTES) has been a strategic partner of Bluewater Energy for many years. Making Tri-Tech Energy Services part of Bluewater Energy was a natural fit for the company given […]
According to the U.S. Energy Information Administration’s Weekly Petroleum Status Report, for the week ending November 13, 2020, U.S. distillate inventories fell to 143 million barrels, back within its previous five-year (2015-19) range for the […]
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