The industry group representing oil and gas companies including Exxon Mobil Corp and Chevron Corp said on Thursday it supports a carbon price as one measure to mitigate climate change risk. Oil and gas trade group the American Petroleum Institute (API) […]
A gradual oil demand recovery is largely on track as economies re-open, British bank Barclays said on Friday, adding that it remained constructive on oil prices despite rising coronavirus cases across Asia and potential return of Iranian supplies. It cut demand […]
New Delhi: Adani Green Energy Limited (AGEL), the renewable arm of the conglomerate group formally announced its outright acquisition of SB Energy early on Wednesday morning in a deal worth $3.5 billion (Rs. 24,000 crore), the largest such transaction […]
India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. “The National Iranian Oil Company (NIOC) has signed a contract worth USD 1.78 billion with Petropars […]
The energy transition represents $14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil demand may continue to grow for another decade or more. On the other hand, if […]
Paris: French group Total, one of the world’s biggest energy companies, is preparing to change its name to TotalEnergies to signal its diversification towards cleaner energy sources. The group, founded in 1924 as the Compagnie francaise des […]
Denver — Despite ever-improving returns across nearly all US shale fields, publicly traded companies continue to demonstrate restraint in drilling and completion activity with production forecasts showing dips next month in every major basin but the […]
HOUSTON, May 20, 2021 /PRNewswire/ — Oasis Midstream Partners LP (Nasdaq: OMP) (“OMP” or the “Partnership”) today commented on Oasis Petroleum’s recently announced Permian divestiture and Williston acquisition. Highlights Oasis Petroleum Inc. (NASDAQ: OAS) announced it entered into a series […]
Energy News Beat Publishers Note (ENB): While this article from Daniel Mitchel, Chairman of the Center for Freedom and Prosperity, does not specifically talk about the energy market, the article covers U.S. tax policies impacting […]
U.S. independent Cimarex Energy Co. has agreed to sell some of its Midcontinent properties, including a pair of natural gas gathering and processing facilities, to privately held BCE-Mach III LLC for an undisclosed amount. Under […]
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