An explosion at a chemical plant near Texas’ Gulf Coast injured three people early Wednesday and led to the shutdown of a waterway connecting oil refineries to the Gulf Coast. Continue Reading
The U.S. saw a net decrease of one rig this week. The U.S. idled three oil rigs this week and added two gas rigs for a net loss of one Continue Reading
PG&E Corp. has lost a challenge to a California law that holds it liable for property damage from fires related to its equipment, a win for wildfire victims seeking to Continue Reading
The U.S. economic expansion remained on solid ground as it entered the fourth quarter, although some signs pointed to weaker consumer spending this holiday season. An initial snapshot of the Continue Reading
Hospitalizations for several common diseases—including septicemia (serious bloodstream infection), fluid and electrolyte disorders, renal failure, urinary tract infections, and skin and tissue infections—have been linked for the first time with Continue Reading
Germany’s economy is the biggest and most dynamic in Europe and its gas demand makes it Gazprom’s largest customer in terms of natural gas imports. The country’s gas consumption is Continue Reading
For yet another month, Russia is producing above its quota under the production cut deal, potentially complicating next week’s OPEC+ meeting set to discuss how to proceed with the pact. Continue Reading
Russia’s largest oil company, Rosneft, has started domestic crude oil deliveries from one of the country’s biggest oilfields, the Russkoye field in the Arctic, just days before Russia and OPEC Continue Reading
Russian energy minister Alexander Novak said Thursday that Russia is preparing calculations to exclude condensate from its OPEC+ quota, but has so far yet to take a decision. We have Continue Reading
Oil steadied above $64 a barrel on Wednesday as an industry report showing a surprise boost in U.S. crude inventories was offset by optimism about a U.S.-China trade deal being Continue Reading
