Japan’s LNG imports dropped 10.3% year on year in June, hitting the lowest monthly volume in almost two years as supply from major producing countries such as Australia, Qatar and Continue Reading
Highlights China gasoline, gasoil exports fall almost 20% on month State-owned refiners may divert more cargoes for home use in H2 Government incentives seen supporting local energy demand Singapore — Continue Reading
Rehab centers in Midland treat many oilfield professionals who are abusing drugs and alcohol. [Editor’s Note: This is the third installment in a three-part series exploring the working and living Continue Reading
While the U.S. reached a new record of 11 million barrels of oil production per day last week, the top five shale oil fields also suffered the highest monthly decline Continue Reading
The largest shale oil producer in the Permian spent $264 million more than they made from operations drilling 63 new wells in the Permian and only added a net 9,000 Continue Reading
BP Plc ( BP.L ) has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton ( BLT.L ) ( BHP.AX ) for $10.5 billion, expanding Continue Reading
BP BP -1.13% PLC will buy the bulk of BHP Billiton Ltd.’s BHP -1.03% U.S. onshore oil-and-gas unit for $10.5 billion, as the U.K. oil major rebuilds in the U.S. Continue Reading
Chesapeake Energy Corp. CHK -0.23% is selling its last remaining oil and gas holdings in Ohio’s Utica Shale, a move aimed at whittling down the company’s debt and enabling it Continue Reading
Many of the biggest U.S. airlines are cutting flights and raising fares to counteract rising fuel prices that are threatening a long run of profitability . American Airlines Group Inc. Continue Reading
Despite continued takeaway capacity constraints, Canada’s top two oil producers raised their production in the second quarter, as demand for heavy Canadian oil among U.S. Gulf Coast refiners has been Continue Reading
