Friday’s jobs numbers threw everyone for a loop. But they were unambiguously good for the oil and gas business: Payrolls jumped by more than 12,000 in March, the biggest monthly gain in more than 30 years of […]
Two oil-and-gas producers that operate in Colorado— Bonanza Creek Energy Inc. BCEI -1.32% and Extraction Oil & Gas Inc. XOG 1.12% —plan to announce Monday that they are combining into a company valued at about $2.3 billion. The all-stock, no-premium merger of companies that produce […]
The Colonial Pipeline carries 2.5 million barrels a day – 45% of the East Coast’s supply of diesel, gasoline and jet fuel. It was completely knocked offline by a cyber-criminal gang on Friday and is […]
Fuel suppliers are growing increasingly nervous about the possibility of gasoline and diesel shortages across the eastern U.S. almost two days after a cyberattack knocked out a massive pipeline. Colonial Pipeline said Sunday that it was […]
The hackers who caused Colonial Pipeline to shut down the biggest U.S. gasoline pipeline on Friday began their blitz against the company a day earlier, stealing a large amount of data before locking computers with […]
Atop a long-dormant volcano in northern Nevada, workers are preparing to start blasting and digging out a giant pit that will serve as the first new large-scale lithium mine in the United States in more […]
Puget Sound Energy (PSE), PacifiCorp, Avista and Portland General Electric (PGE) filed a lawsuit against Northwestern Corporation and Talen Energy in the US District Court for the District of Montana on 4 May, saying SB265 violates both […]
Houston — Marathon Oil is returning to limited operations in Oklahoma and the Permian Basin’s western Delaware Basin in New Mexico before ramping up next year, the company’s top executives said May 6. The company opted […]
New Delhi: Sustained momentum in commodity prices will support the turnaround in the global Oil & Gas industry’s fundamental conditions and a positive global sector outlook through mid-to-late 2022, according to Moody’s Investors Service. “Pent-up consumer demand and […]
KENNEWICK, Benton County – Back in March, Chris Wiley passed a long day in his tractor sowing wheat. He had the controls set to automatic steering and scanned social media. He did not like what […]
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