Exxon Mobil (NYSE:XOM) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research report issued on Monday, Briefing.com reports. The brokerage presently has a $57.00 price objective on the oil and […]
Iran said it remains some way off resolving a diplomatic dispute with South Korea, which moved up a notch after the seizure of a South Korean-flagged chemical tanker by the Islamic Revolutionary Guards (IRGC) navy […]
According to the U.S. Energy Information Administration’s (EIA) latest inventory of electricity generators, developers and power plant owners plan for 39.7 gigawatts (GW) of new electricity generating capacity to start commercial operation in 2021. Solar will […]
Noble Midstream Partners LP NBLX has inked a deal with Chevron Corporation’s CVX unit to provide oil transmission services for long-distance transportation out of the DJ Basin. The services will be carried out from the Wells Ranch development area to […]
Oil prices fell on Monday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world’s second-largest oil user, after a jump in cases there. […]
London — OPEC and its allies raised their crude oil production by 280,000 b/d in December to a seven-month high, as Libya pumped its most since mid-2013 and several other countries posted modest increases, the latest […]
Sakaka, Saudi Arabia: Mike Horn made his name by walking to some of the world’s remotest spots but as the Dakar Rally resumes on Sunday, he is in a diesel car, trying to navigate the Saudi Arabian desert with the […]
Sources privy to the development said a conductive global energy market where oil and gas prices are stable had given fresh push for building strategic gas reserves in the country. An announcement in this regard […]
Energy News Beat Publishers Note: Great news from Total. They are looking to add more renewable energy to their product lines. We are seeing this trend around the world, and is going to be fun […]
TAIPEI, Jan 10 (Reuters) – Taiwan’s state-owned CPC Corp began on Sunday receiving liquefied natural gas (LNG) cargoes from Cheniere Energy Inc under a 25 year deal signed with the U.S. company in 2018, and […]
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