Preliminary data from Texas show total crude oil production for February was slightly more than figures from the same time last year, a regulator reported. The Railroad Commission of Texas, Continue Reading
While the US is breaking population records, states such as Illinois and West Virginia have lost people in recent years. Something similar is happening in the US crude oil futures Continue Reading
Drilling Productivity Report Crude oil production in the Permian Basin is expected to increase to an estimated 2.4 million barrels per day (b/d) in May, based on estimates from EIA’s Continue Reading
ExxonMobil has continued its streak of hiking its dividend, announcing another increase in its payout to shareholders on Wednesday. The oil major has boosted its dividend every year for more Continue Reading
A Polish energy company said Thursday it closed on a deal to take its first-ever shipment of liquefied natural gas sourced from reservoirs in the United States. Polish Oil & Continue Reading
French energy company Total gave the go-ahead on Thursday to develop its first major project since 2014 after reporting a sharp rise in quarterly profit that underscored its drive to Continue Reading
Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders said that prices seemed to have found support around current levels. U.S. West Continue Reading
ADIA’s Ruehl Iraq, Iran seen gaining from production cuts at Saudi expense Crude will probably drop to $40 a barrel or below unless OPEC and allied producers extend their collective Continue Reading
Global oil discoveries fell to a record low in 2016, the International Energy Agency says, raising fresh concerns about the potential for a petroleum-supply shortage as soon as 2020. The Continue Reading
LNG-fuelled fleet may rise to 200 by 2020: Energy Aspects Total, Shell sign deals to develop LNG bunkering operations When Russia’s biggest tanker operator launches four new vessels next year, Continue Reading
