In regard to China’s gas demand growth, will the proverbial glass be half-empty or half-full in 2016? Though touted as the cleanest-burning fossil fuel and a means to help China Continue Reading
The prospect that U.S. oil refiners might respond to rising stockpiles of refined fuels and weakening margins by cutting the amount of crude they process has roiled oil markets in Continue Reading
Big three U.S. plays dropped almost 100 horizontal oil rigs Explorers idled more drilling rigs in U.S. oilfields this week as record supplies begin to make crude prices in the Continue Reading
A utility company got control of a leaking well that spewed natural gas for nearly four months and uprooted thousands of Los Angeles residents. Here’s a look at what needs Continue Reading
A revised survey from the U.S. Energy Information Administration raised the estimated daily oil production from Oklahoma by 100,000 barrels. The EIA said it revisited reported production figures from 2014-15 Continue Reading
U.S. investment firm Blackstone Group said it formed a partnership to help provide financial solutions to the offshore oil and natural gas services sector. Blackstone formed Clarion Offshore Partners to Continue Reading
The company said Friday that it has reached an agreement with 77% of two groups of its unsecured bondholders and 89% of senior lenders, under which each of these groups Continue Reading
Proterra battery-electric buses in service in a 12- vehicle demonstration by Foothill Transit in California offered significant fuel savings compared to similar conventional vehicles, according to a recently published analysis Continue Reading
The US drilling rig count plunged 30 units to 541 during the week ended Feb. 12, continuing another interval of steep declines amid a drilling slump that stretches back to Continue Reading
Oil major LUKOIL has told the Russian government it wants to buy smaller rival Bashneft as the state prepares to sell either a controlling or minority stake in the firm Continue Reading
