Update (9:58 AM MST): Saudi to voluntarily cut oil production in Feb. OPEC+ MEETING: Saudi Arabia has taken responsibility for re-balancing the oil market, in a three-way OPEC+ deal that will see the kingdom cut […]
UPDATE (7:23 AM MST): Russia agrees to rollover production Russia agrees to rollover current OPEC production – report https://t.co/CI8BZCSZNi — ForexLive (@ForexLive) January 5, 2021 OPEC+ resumes debate on Tuesday after talks stumbled over February […]
ENB Publishers Note: CL not nearly as bullish heading into day two of OPEC talks, with sides looking like a production stay. Russia is the wild card. Check out Energy News Beat on YouTube and […]
HOUSTON, Jan. 4, 2021 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held the position of Executive Vice President, Exploration and […]
ENB Publishers Note: We expect cuts to be implemented as the COVID-19 cases continue to rise around the world, despite vaccine rollout. Follow Energy New Beat’s LIVE daily show at 2 PM MST everyday for […]
Energy News Publishers Note: This $1 billion dollar group of wells is only the beginning for drilling in the Mediterranean, Red Sea, and even the Black Sea. The deals with major oil companies in the […]
Tesla TSLA +1.6% closed out 2020 with a final delivery and production push that helped Elon Musk’s electric vehicle company finally deliver about 500,000 cars and crossovers to global customers, a goal the billionaire entrepreneur has been trying […]
The US Congress has authorized the White House to impose sanctions against companies constructing the Nord Stream 2 natural gas pipeline from Russia to Germany, with lawmakers overriding President Donald Trump’s veto of a broader […]
Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the global economy, but prices have rebounded strongly from their lows as governments rolled […]
TULSA, Okla.–(BUSINESS WIRE)– Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the shareholders of both companies voted in favor of all proposals necessary for the closing of the previously announced […]
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