The following commentary was written by Larry Glover, a Maryland-based energy marketing & communications subject matter expert and community engagement specialist. See our commentary guidelines for more information. We just lived through the hottest summer […]
Oil Price U.S. crude oil production hit an all-time high in August, according to new data published by the Energy Information Administration on Tuesday, with production surpassing pre-covid levels. U.S. field production of crude oil reached […]
Oil Price Strong U.S. fuel demand helped Marathon Petroleum (NYSE: MPC) easily beat analyst estimates after reporting on Tuesday an adjusted net income of $3.2 billion for the third quarter of 2023. Adjusted earnings per share […]
World Oil (Bloomberg) – A century after the U.S. set aside a broad swath of northwest Alaska to be used as an emergency oil supply, the Biden administration is pursuing changes that could make it […]
Oil Price Oil production in the Bakken shale play is set to increase after Chevron’s acquisition of Hess, although volumes are unlikely to hit the records seen before 2020, analysts have told Reuters. Last week, Chevron […]
A major federal grant will help Xcel Energy restart a Minneapolis microgrid project delayed earlier this year over cost concerns. Xcel Energy received a $100 million grant last week from the U.S. Department of […]
Wisconsin will lose out on millions of federal dollars for electric vehicle charging infrastructure if the state does not pass legislation to allow stores or other owners of EV chargers to bill drivers for […]
Nasdaq BUENOS AIRES – Argentina’s fuel crisis deepened on Monday as filling stations around Buenos Aires ran out of petrol and long queues formed elsewhere, while the government said it could halt exports to preserve […]
World Oil (Bloomberg) – Less than two months since Bernard Looney’s shock resignation, BP Plc is going into its first set of quarterly results without a permanent chief executive officer. In his place will stand Murray Auchincloss, […]
Daily Standup Top Stories ExxonMobil CEO sees tight world oil supplies for next few years October 31, 2023 Mariel Alumit (Bloomberg) – Exxon Mobil Corp. sees tight global oil supplies putting upward pressure on energy prices […]
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