An oil-fired power plant in southern Sweden owned by German energy giant Uniper suffered a failure early on Thursday when a boiler tripped, adding to supply issues in the country where nuclear and wind power generation was […]
India is set to delay the retirement of some coal plants even as it builds new coal generation capacity, Bloomberg has reported, noting this would interfere with climate commitments. Citing unnamed sources, the report says that […]
U.S. refiners are set to continue operating at high utilization levels in the third quarter, despite concerns that a slowdown in demand could be looming in case of a recession, executives and analysts told Reuters on Thursday. […]
OKLAHOMA CITY, Aug. 18, 2022 /PRNewswire/ — Continental Resources, Inc. (NYSE: CLR) today announced Doug Lawler is being promoted to President and Chief Operating Officer. Logo – https://mma.prnewswire.com/media/95419/continental_resources_logo.jpg Doug joined Continental in February as Chief Operating Officer and Executive Vice President […]
Santos managing director Kevin Gallagher says intensifying global concerns over energy shortages have lifted the value of its proposed new oil field in Alaska and prompted the company to begin multibillion-dollar development works before it […]
Independent oil company Denbury Resources Inc (NYSE:DEN) is exploring its options, including a potential sale, Bloomberg said Wednesday, citing people with knowledge of the matter. Based in Plano, Texas, Denbury has been working with an advisor to […]
US natural gas working stocks rose by just 18 Bcf during the week ended Aug. 12, well below market expectations, but the build was insufficient to keep the momentum going for US gas futures. Storage […]
Underinvestment in oil and natural gas supply could threaten global energy security and decarbonization efforts over the coming years, according to the CEO of Saudi Arabia’s state-owned oil behemoth. Saudi Arabian Oil Co. (Aramco) CEO […]
U.S. oil and gas producers recovered and reset in 2021, posting increased profits of $73.7 billion and $211.9 billion in revenues, with significant deal activity that drove $144.1 billion in capital expenditures (capex), according to […]
An unnamed weather disturbance projected to move over the southwestern Gulf of Mexico is gathering strength, the National Hurricane Center (NHC) has revealed. According to the NHC’s latest forecasts at the time of writing, the […]
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