OPEC’s 60 th birthday should have been reason for celebration, but its largest producer Saudi Arabia is increasingly putting its own interests before the cartel’s objectives and has put the Continue Reading
The pandemic has been devastating for the oil industry globally. Explorers suspended drilling, producers idled wells, Big Oil majors put up assets for sale. But the world continues to need Continue Reading
Venezuela sits on top of the world’s largest proven oil reserve. The country is home to what is estimated to be a whopping 296.5 billion barrels, which accounts for a Continue Reading
Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state oil major Pemex, Reuters Continue Reading
Highlights CNOOC expects almost 500 million boe of prospective resources Well located less than five miles away from the US maritime border Mexico City — China National Offshore Oil Corporation Continue Reading
California will phase out sales of new, gasoline-powered cars by 2035 as part of its fight against climate change, Governor Gavin Newsom announced — the first state to set an Continue Reading
Global satellite data indicate wildfires are becoming bigger and more intense. WSJ talks with NASA’s Doug Morton to understand the science behind what’s making the planet more flammable and making Continue Reading
Rallying from a seven-week low in the prior session, natural gas futures rose more than 15% on Wednesday afternoon as the demand outlook for natural gas improves. At 1:16 p.m. Continue Reading
Oil and gas operations in the US Gulf of Mexico are returning to normal following the passing of Tropical Storm Beta and Hurricane Sally. Receive daily email alerts, subscriber notes Continue Reading
Two-thirds of US oil and natural gas executives surveyed by the Federal Reserve Bank of Dallas in September believe US oil production has peaked. Receive daily email alerts, subscriber notes Continue Reading
