US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased by 2.0 million bbl from the previous week, according to data from the US Energy Information Administration. At 445.0 […]
HOUSTON, March 19 (Reuters) – Equinor is investing around $6 billion a year in oil and gas exploration and drilling in Norway to maintain steady output levels through 2035, CEO Anders Opedal told Reuters. The Norwegian energy […]
The allure of the Arctic continues to captivate imaginations with its beautiful, if sometimes forbidding, wilderness. Equally captivating to some, beneath these vast landscapes of permafrost and ice, is the economic lure of oil and […]
Studies and press reports have been warning that our electricity supply is becoming less reliable, which means we are facing a greater chance of power outages in the future. This reliability crisis will come to […]
With 3827 kilometers of pipeline across the country, Germany is blazing a trail through the continent in terms of hydrogen infrastructure growth. Indeed, plans within the country are so far advanced that Germany is set to become […]
(WO) – During CERAWeek by S&P Global’s second day, ConocoPhillips’ CEO Ryan Lance announced that his firm’s highly-anticipated Willow project in Alaska is making developmental headway. Sitting down with S&P Global’s Dan Yergin, Lance also discussed […]
A total of 70% of passive funds passed off as “sustainable” by five of the largest asset managers in the U.S. and Europe are exposed to companies developing new oil and gas projects, environmental organization […]
China National Offshore Oil Corp’s announcement of a major oilfield discovery in the Bohai Sea is expected to add over 100 million metric tons of oil equivalent, and further develop offshore oil and gas resources […]
Williams Companies has no plans to acquire Tellurian although it did consider a bid for the struggling LNG project developer. The statement, as carried by Reuters, follows a report about Tellurian saying that the company was considering […]
Riding on the heels of Austria’s largest gas discovery in 40 years by Austrian OMV, junior explorer MCF Energy (TSXV:MCF; OTC:MCFNF) announced on Monday morning another potentially significant find in their maiden drill in the Austrian Alps. On Monday, just […]
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