After more than a year of little to no dialogue with the U.S. oil industry, officials from the Biden Administration are set to meet with shale executives this week to discuss oil supply and energy […]
OKLAHOMA CITY (KFOR) – President Joe Biden unveiled a ban on Russian oil imports Tuesday afternoon as oil and gas prices continue to skyrocket to record highs. “Russia’s aggression is costing us all and it’s no time […]
President Biden banned imported oil and other energy sources from Russia to punish the country as it intensified its military campaign in Ukraine, a move that will add pressure to already record U.S. gasoline prices […]
(Bloomberg) — Oil extended its rally as the U.S. and U.K. said they plan to ban Russian oil imports while oil giant Shell Plc announced it will also halt purchases from the country. Brent crude […]
(Reuters) – Oasis Petroleum Inc (OAS.O) and Whiting Petroleum Corp (WLL.N) will merge in a $6 billion deal including debt, the U.S. shale oil and gas producers said on Monday. The deal between the companies, which had filed for […]
NEW YORK–(BUSINESS WIRE)–At its annual investor meeting today, Chevron Corporation (NYSE: CVX) reported on its progress to deliver higher returns and advance a lower carbon future. Higher Returns Chevron expects to continue to improve capital […]
In what would mark a significant new escalation of the sanctions placed on Russia as a result of its invasion of Ukraine, U.S. Secretary of State Blinken said on Sunday that the United States and […]
A friend told me that his dad lost his four best friends in dog fights over the skies of North Vietnam during the Vietnam War in the F4 Phantom. A common term was “Buckle Up, […]
DUBAI (Reuters) – Saudi Arabia’s crown prince says he simply doesn’t care whether Joe Biden misunderstands him. The prince is instead looking to his oil power to deliver his goals, according to sources familiar with […]
This is the key point that JPMorgan’s commodity strategist Natasha Kaneva makes in a research note earlier today, in which she notes that while the US and its allies have so far stopped short of […]
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