Saudi Arabia’s move is aimed at supporting the market amid a seasonal drop in demand. Major oil producer Saudi Arabia has cut the February price of crude for buyers in all regions, Reuters and Bloomberg […]
Some are hot, some are cold. And a special look at employment in oil & gas drilling and in mining. By Wolf Richter for WOLF STREET. in the jobs data for December on Friday, we saw what we’d […]
Texas leads the nation in clean and renewable energy production, and it’s largely due to its geography, federal energy subsidies, deregulated energy market and state-run energy grid. Texas is one the leading US energy producers — and […]
Takeover chatter dominated trading rooms as speculation swirled that BP could be a target this year amid chaos at the oil giant. Rumours that rival energy major Shell could be a candidate for a mega-merger with […]
Minerals Deal Evaluation: A Comprehensive Guide and Live Analysis Michael and Stu take a look at a Minerals deal and analyze the asking price, and show how fast you can look at a minerals deal. […]
Southwestern Energy SWN 7.34%increase; green up pointing triangle and Chesapeake Energy CHK 2.91%increase; green up pointing triangle are close to a merger that would create a roughly $17 billion company ranking as one of the largest natural-gas producers in the U.S. […]
(Bloomberg) — A natural gas terminal that’s been operating for more than half a century has been a crucial safeguard against blackouts when bone-chilling cold hits the US Northeast. In less than five months, it’s […]
January 1 marks the beginning of California’s mandate that all new trucks registered must be powered by batteries or hydrogen. The rule will cover some 1.8 million trucks, as California has the largest fleet in […]
Exxon estimated taking a $2.4 billion to $2.6 billion impairment to oil and gas properties along the Southern California coast. Sable Offshore, a company created in 2020, agreed more than a year ago to pay […]
Analysts polled by the news agency expect GDP to turn sluggish due to high interest rates The Russian economy will inevitably slow down in 2024 due to tight monetary policies pursued by the central bank, […]
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