High Volatility Frustrates USA Efforts to Refill Oil Reserves
January 10, 2023
The Energy Department last week rejected all offers to replenish the stockpile.
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Baker Hughes Picks New EVP Of Industrial & Energy Technology
January 10, 2023
Baker Hughes has named Ganesh Ramaswamy as the executive vice president of the Industrial & Energy Technology business segment effective January 16.
Oil Rises with Demand Outlook Optimism
January 9, 2023
China’s generous quota for crude imports boosted oil with renewed hopes for a demand revival in the world’s largest buyer.
Shell Says Gas-Trading Earnings Were Higher Despite LNG Woes
January 8, 2023
Shell said its gas-trading earnings were ‘significantly higher’ in Q4 of 2022 as the firm overcame challenges encountered earlier in the year.
Louisiana, Texas To Gain Thousands Energy Jobs At Start Of 2023
January 6, 2023
Louisiana and Texas are set to gain thousands of energy jobs in the first part of 2023, LSU said in its 2023 Gulf Coast Energy Outlook.
Oil Drops on Risk Off Sentiment
January 3, 2023
Oil declined as broader market sentiment soured and mild winter temperatures in may parts of the globe eased fears of an energy crisis.
Where Will WTI Oil Price Be at End 2023?
Industry News
January 3, 2023
Executives from 150 oil and gas firms have their say.
Here’s What Consumers Paid For In a Gallon of Gasoline, Diesel in November
Industry News
December 29, 2022
The EIA’s latest gasoline and diesel fuel update has revealed what consumers were paying for in a gallon of gasoline and diesel back in November.
Gasoline Price Average Dipping Below $3 in 2022 Dubbed Unlikely
Industry News
December 29, 2022
‘Oil prices would need to be around $60-$65 per barrel and gas demand would need to drop lower’.
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USA EIA Update Shows Declining Price Trend for Gasoline
In its latest fuel update, the U.S. Energy Information Administration showed a declining price trend for gasoline.
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US DOE Awards $2.2 Billion for Two More Clean Hydrogen Hubs
Five of the seven U.S. clean hydrogen production hubs have now completed negotiations and locked in DOE funding, a total of $7 billion sourced from the Bipartisan Infrastructure Law.
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Arbitration Claims Against LNG Exporter Reach Close to $6B
Claims in cases by eight separate companies, including some oil majors, total as much as $5.9 billion.
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Oil Groups Announce Priorities for Incoming Trump Administration
The API and IPAA have announced their priorities for the incoming Trump administration.
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EnerMech Secures Multimillion Deal with Major E&P Firm
The agreement, which has a duration of a minimum of five years, focuses on the management, maintenance, and inspection of FHA and SBT systems.
