Oil Rebounds as Middle East Tensions Rise
Oil rebounded from last week’s selloff as tensions flared in the Middle East, with a vessel attacked in the Red Sea and Israeli tanks reaching… Read More »Oil Rebounds as Middle East Tensions Rise
Magnolia Profit Drops, Production Rises
Magnolia Oil & Gas Corporation reported net income of $97.6 million for the first quarter, down nine percent from the same period in 2023. The… Read More »Magnolia Profit Drops, Production Rises
Chile’s ENAP Says Working on Decarbonization Plan
Chile’s Empresa Nacional del Petroleo (ENAP) has said it is working on a decarbonization plan with goals for 2035 and 2050, as it announced $3.5… Read More »Chile’s ENAP Says Working on Decarbonization Plan
Brand Finance Ranks Most Valuable, Strongest Oil and Gas Brands
Brand Finance, which describes itself as the world’s leading brand valuation consultancy, has revealed the results of its latest annual report on the “most valuable… Read More »Brand Finance Ranks Most Valuable, Strongest Oil and Gas Brands
Russia Hits Odesa After Ukraine Targets Oil Plant Near Moscow
Russia hit the Black Sea port of Odesa on Friday in a deadly missile attack, hours after Ukrainian drones targeted a small petrochemical plant near… Read More »Russia Hits Odesa After Ukraine Targets Oil Plant Near Moscow
US DOE Earmarks $366MM for Clean Energy Deployment in Remote Areas
The United States Department of Energy (DOE) has set aside $366 million to aid 17 projects across 20 states and 30 tribal nations and communities… Read More »US DOE Earmarks $366MM for Clean Energy Deployment in Remote Areas
TGS Teams Up with Enertel for Integrated Solutions
Energy data provider TGS is partnering with engineering and analytics solutions provider Enertel. The collaboration “will deliver an integrated solution to empower operators with seamless… Read More »TGS Teams Up with Enertel for Integrated Solutions
Donald Trump Is the Oil and Gas Industry’s Top Choice for President
Donald Trump is the oil and gas industry’s undisputed top pick for the Republican presidential nomination as energy sector donors shower his candidacy with nearly… Read More »Donald Trump Is the Oil and Gas Industry’s Top Choice for President
Exxon, Chevron Surpass Forecasts as Shale Drilling Lifts Output
Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts as bigger-than-expected oil output from shale fields helped cushion the blow from weakening crude prices. Exxon… Read More »Exxon, Chevron Surpass Forecasts as Shale Drilling Lifts Output
Alberta Spends $518MM on Well Cleanup in 2022
Alberta’s oil and gas industry in 2022 spent $517.9 million (CAD 696 million) on cleanup, exceeding the $314 million (CAD 422 million) expenditure requirement by… Read More »Alberta Spends $518MM on Well Cleanup in 2022