Encouraging well results; more exploration planned Partners still trying to determine resource potential Drilling activity in Namibia picking up steadily Energy major Shell has confirmed a light oil discovery at Continue Reading
Chevron is in talks with the Venezuelan government to gain more control over their joint venture and help Caracas boost oil production. Bloomberg reported that the negotiations are being led Continue Reading
U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since November as crude prices extended their rally Continue Reading
The world’s leading rater of green credentials is rewarding some of Wall Street’s biggest banks even though they continue to lend billions of dollars to fossil-fuel companies. Those credentials come Continue Reading
U.S. employers hired at a rapid pace late last year and in January, bolstering the economy in the face of the Omicron wave of Covid-19 and staffing shortages. Payrolls, change since January Continue Reading
Ohio’s House Bill 6 was widely regarded as the worst energy policy in the United States. The passage of House Bill 6 was so odorous of underlying offense and scandal Continue Reading
Crude prices rallied on Friday morning as a result of small outages in America’s largest shale play and ongoing political tensions between Russia and Ukraine. As if explosions in Nigeria Continue Reading
The number of active drilling rigs in the United States rose by 3 this week—the 15 th straight weekly increase to the number of oil and gas rigs in the Continue Reading
As international crude oil prices rally to above $92 per barrel, U.S. gasoline prices continue to surge and hit the highest since September 2014 on Friday, when the national average Continue Reading
Tennessee the hardest hit, but prices tame New York has highest prices, still freezing Texas governor asserts ERCOT reliability More than 340,000 electricity customers remained without service Feb. 4 in Continue Reading
