Gold prices rose by nearly 1.5% to a two-month high on Friday as disappointing US factory data and a drop in consumer sentiment reinforced bets on the possibility of interest rate cuts later in […]
On some level Colorado will always be an attractive place to do business. Our intangibles are nearly unbeatable — the weather, the incredible access to an outdoor lifestyle a healthy and thriving populace — but […]
A Texas Railroad Commission (RRC) spokesperson has revealed to Rigzone that the organization has not seen an overall impact on production, despite wildfires in the state. “We understand production may fluctuate as companies take measures […]
Oil prices remained stubbornly rangebound in February as signs of a recovering U.S. economy were countered by weaker economic data in both Europe and China. Friday, March 1st 2024 Diverging macroeconomic news, with China and […]
The price of a WTI barrel soared to heights not seen since November as the market braces for an OPEC+ decision on oil production levels in April and beyond. WTI was trading at $80.04 per barrel at […]
As the energy transition gathers speed, the UK-headquartered energy giant Shell has revealed its latest outlook on the global demand for liquefied natural gas (LNG), predicting a rise in demand of more than 50% by […]
(Bloomberg) – The Philippines is working to explore other parts of the country that are potentially rich in oil and gas, according to an energy official, as talks with Beijing on joint resource development in […]
(WO) – VAALCO Energy, Inc. has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden. Svenska’s primary asset […]
It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion. But the oil riches beneath Guyana’s coastal […]
ConocoPhillips Co. and Aker BP ASA have received consent from Norwegian authorities to start production in two separate oil projects in the North Sea. Expected to go onstream by March, the northern part of the […]
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