French energy group Total has reached a deal to buy Toshiba’s U.S. liquified natural gas business, a source familiar with the matter said on Friday. The acquisition comes amid a Continue Reading
The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but Continue Reading
U.S. crude oil production rose 241,000 barrels per day (bpd), or 2.1 percent, in March to 11.905 million bpd, just below its record high, the Energy Information Administration (EIA) said Continue Reading
U.S. President Donald Trump’s threats to tax Mexican imports could disrupt a long-standing cross-border energy trade, hitting U.S. refiners that use Mexican oil by boosting prices, and raising concerns about Continue Reading
The the number of active oil and gas rigs rose slightly in the United States this week according to Baker Hughes, after a string of losses in the weeks prior, Continue Reading
Highlights Pipeline buildout slowed dramatically Potential constraint on production growth, outflows Denver — The Appalachian basin has effectively become “de-bottlenecked” following a wave of pipeline project start-ups. But with virtually Continue Reading
A proposed pipeline expansion connecting Natural Gas Pipeline Company of America’s existing system to the Waha Hub in the Permian Basin of West Texas cleared a key regulatory hurdle Friday Continue Reading
North Slope producers BP and ExxonMobil have agreed to contribute $20 million to help the state of Alaska complete a federal licensing process for the proposed $41 billion Alaska LNG Continue Reading
The U.S. added three oil rigs and lost two gas rigs for a net gain of one rig this week. Following three consecutive weeks of declines, the U.S. added three Continue Reading
Marathon Oil Corporation (NYSE: MRO) has completed its divestiture of its Kurdistan assets on Friday, according to company press release , as it seeks to divest nearly all its oil Continue Reading
