CALGARY, AB and LANSING – The Government of Canada and entities representing hundreds of thousands of businesses and workers from across the Great Lakes region in the United States and Canada demonstrated support for Enbridge’s case in federal court over the Line 5 […]
The hacker group DarkSide claimed on Wednesday to have attacked three more companies, despite the global outcry over its attack on Colonial Pipeline this week, which has caused shortages of gasoline and panic buying on the […]
ExxonMobil has boosted its 2025 forecast for Guyana crude production to up to 800,000 b/d with plans for a fourth project on the deepwater Stabroek block, the company said in its latest environmental permit application. […]
The excess oil inventories of the past year have been all but depleted, and a strong demand rebound in the second half this year could lead to even steeper stock draws, the International Energy Agency […]
Despite OPEC+ output reductions and the extra 1 million barrels per day (bpd) voluntarily cut by Saudi Arabia that lowered the Kingdom’s crude oil output to around 8 million bpd in February and March (the […]
You have to listen, watch, or read this interview on The Energy News Beat Podcast! We interview Ryan Ray, who is the most fun podcaster in the oil and gas market! It did not take […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) We published a Summer Electricity Outlook supplement, which provides more detail about our forecasts for U.S electricity consumption, power generation, and electricity prices for the upcoming summer months of June, July, […]
Taipei, 12 May (Argus) — South African bank Nedbank has halted all direct funding of new oil and gas exploration projects as part of its commitment to align its business with the Paris climate agreement’s […]
Shell Offshore Inc. (“Shell”), a subsidiary of Royal Dutch Shell plc, today announced a significant discovery at the Leopard prospect in the deep-water U.S. Gulf of Mexico (GoM). The Leopard well encountered more than 600 feet (183 meters) net oil pay […]
KHARTOUM, – The United Arab Emirates has committed to supplying Sudan’s full requirements of petroleum products through a contract by the UAE‘s state oil producer ADNOC, Sudan’s cabinet affairs minister Khalid Omer Yousif told Reuters on Tuesday. Sudan has had frequent […]
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