More shale natural gas from basins in Oklahoma can find its way to the market with increased network access, shale producer Continental Resources said. Continental secured a transportation agreement for Continue Reading
A 2 million barrel-carrying supertanker arrived for the first time at a jetty in Texas City as surging U.S. oil output drives up incentives to export. The Nave Quasar, a Continue Reading
The Trump administration is moving to relax some offshore drilling requirements imposed in response to the Deepwater Horizon disaster but is rebuffing the oil industry’s plea for bigger changes. Proposed Continue Reading
The new regulations would also challenge California’s authority to set its own emissions marks, which it seeks to keep at the tougher, Obama-era standards. The Trump administration has drafted a Continue Reading
Norway’s sovereign wealth fund, built on the back of the country’s oil wealth and the biggest in the world, reported its first quarterly loss in two years for January to Continue Reading
Russian gas giant Gazprom said on Friday that the construction of a gas processing complex near the Baltic Sea will require no more than $5 billion in capex. The company Continue Reading
In a decision Friday to keep its key rate static, the Central Bank of Russia said it was unwavering on its estimate of risk outlook tied to oil price volatility. Continue Reading
Italian energy company Eni said it would be cash neutral so long as oil prices hold above $55 per barrel, boasting its own net production was up from last year. Continue Reading
TOKOil prices edged lower on Friday, but Brent largely held its gains from the previous session amid concerns that Iran may face renewed sanctions, choking off supply. Global benchmark Brent Continue Reading
Renewed uncertainty over a deal that lets Iranian crude oil flow through the market helped trigger a strong rally in crude oil prices on Thursday. The price of oil moved Continue Reading
