Fears of a second wave of COVID-19 infections shut six major food markets in Beijing on Friday, while India, which opened up this week, recorded a record daily increase and Continue Reading
Explorers slashed drilling in the world’s biggest shale patch for a 13th straight week as they wrangle with a global pandemic that’s crimping demand for crude and leaving many strapped Continue Reading
Yet another Texas terminal is preparing to export oil, even as the pandemic continues to hammer global demand for U.S. crude. Buckeye Partners LP expects to start loading ships with oil for Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week, by 5, to 279, with the total oil and gas Continue Reading
North Dakota oil production averaged 1.219 million b/d in April, down about 211,000 b/d or 15% from March, the North Dakota Pipeline Authority said June 12. Receive daily email alerts, Continue Reading
The cancellation of dozens of US LNG cargoes this summer is a “wake-up call” for the industry that new LNG projects will not automatically be profitable, a senior official at Continue Reading
Extraction Oil & Gas Inc. plans to pay 16 executives and senior managers a total of $6.7 million in return for staying with the Colorado-based driller ahead of a possible Continue Reading
Based on a survey of Texas Oil and Gas Association members, electing Democrat Joe Biden to the presidency this November would threaten their companies’ economic well-being. Based on a survey Continue Reading
Anthony S. Fauci said Friday that it is a “danger” and “risky” for people to be gathering in large groups — whether at a Trump rally or a protest. The Continue Reading
When shale drillers in the world’s largest oil producer started shutting in oil wells that had suddenly become uneconomical, many in the industry breathed a sigh of relief. That would Continue Reading
