The U.S. average residential heating oil price ended the 2021-22 winter heating season at $5.13 per gallon (gal), $2.26/gal higher than at the same time last year, according to our Heating Oil and Propane Update. […]
Fed chair to make final remarks before pre-decision blackout IMF meetings will also take center stage in world economy EMB Publishers Note: Investors are facing tough choices as they look to alternative investments to hedge […]
DENVER, April 14, 2022 /PRNewswire/ — Denver-based GT Resources LLC won a $41 million jury verdict on Wednesday for claims against Black Hills Corporation of South Dakota and two of its subsidiaries in connection with a dispute over a 2.3-million-acre oil and […]
The war in Ukraine underlines the need to reduce global dependence on Russian oil — and the canceled Keystone XL oil pipeline could help in that effort, says U.S. Senator Joe Manchin. “The XL pipeline […]
Environmental, Social, and Governance criteria — truncated as ESG — is a doctrine sweeping through America’s corporations, and statements at a gathering of fossil fuel executives show it’s reached Texas’ vaunted oil and gas industry, […]
The Energy Information Administration on Tuesday lowered its average global petroleum and liquid fuels consumption forecast for 2022 to 99.8 million barrels per day from the previous forecast of 100.6 million barrels a day. For […]
(Bloomberg) — Murphy Oil Corp. has begun producing oil from a new deepwater Gulf of Mexico project, months ahead of schedule. The offshore and shale oil producer on Tuesday said its King’s Quay floating production […]
(Reuters) TotalEnergies said it would step up its liquefied natural gas activities in the United States by expanding production at the Cameron site in Louisiana. The move comes as European countries seek to reduce their dependency on […]
(Reuters) – Chevron Corp. and the United Steelworkers union (USW) met on Monday to seek an end to a three-week-old strike by 500 workers at the company’s Richmond, California, refinery, a union official said. Chevron spokesperson […]
President Biden is set to unveil plans for the sales of higher ethanol content gasoline during the summer in an attempt to restrain the price rise at the pump, Reuters has reported. According to unnamed sources […]
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