S&P Global Platts and Argus Media will today launch new benchmarks for pricing U.S. crude oil that is being exported to replace the West Texas Intermediate benchmark. The new benchmarks Continue Reading
The Alberta government has extended until October an investigation into whether foreign groups are funding anti-oil protests in Canada, the Canadian Press reports , citing Energy Minister Sonya Savage. According Continue Reading
Autumn forwards prices at Appalachia’s benchmark Dominion South hub are at fresh lows in late June as anticipated production growth, rising gas storage levels and limited midstream capacity loom large Continue Reading
The US Department of the Interior will open 7 million acres of additional Alaska lands to oil and natural gas leasing in a plan released June 25. Receive daily email Continue Reading
Some U.S.-based employees who are subject to performance evaluations could end up leaving this year after their assessments, unnamed sources told Bloomberg. (Bloomberg) — Exxon Mobil Corp. is preparing to Continue Reading
Recent oil market buoyancy fails to properly account for a potential drag on the West Texas Intermediate (WTI) benchmark, according to one of Rigzone’s regular market-watchers. Read on to learn Continue Reading
The United States recorded 45,242 new cases of COVID-19 on Friday, the largest single-day increase of the pandemic, according to a Reuters tally, bringing the total number of Americans who Continue Reading
Delta Air Lines ( DAL.N ) said late on Friday it will soon send warning notices to about 2,500 pilots regarding possible furloughs at the airline, as the industry takes Continue Reading
The Trump administration has rejected most requests for royalty relief submitted by onshore oil and gas companies struggling with reduced demand for fuel and battered prices, a top Interior Department Continue Reading
After months of empty roads, lockdowns were easing and people were getting behind the wheel again. A station in Northern California was selling gasoline for a whopping $5.98 a gallon. Continue Reading
