High Volatility Frustrates USA Efforts to Refill Oil Reserves
January 10, 2023
The Energy Department last week rejected all offers to replenish the stockpile.
News
Spooltech News
Industry Trends
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’.
-
European Commission to Scrutinize Polish Aid for Nuclear Plant
'Given there are three different aid measures (equity, guarantees, two-way CfD) that together limit the risk for the beneficiary, it is important to ensure that overall no more aid than what is strictly necessary is ultimately granted'.
-
Europe Still Clings to Russia Gas With Record LNG Flow This Year
The bloc purchased a record amount of Russian LNG this year, according to ship-tracking data compiled by Bloomberg.
-
Trafigura, Gunvor Weigh Trump Wildcard Against Oil Glut in 2025
Two of the world's biggest oil traders are expecting the market to be oversupplied next year - but both agree that Donald Trump might just change everything.
-
Oil Slips Amid Fed Signals and Trump Tariff Threats
Crude posted weekly losses as slower Fed rate cuts and Trump's EU tariff threats weighed on markets, while muted inflation data tempered the selloff.
-
EIA Expects USA Energy Consumption to Rise
Total U.S. energy consumption will come in at 23.86 qBtu in the fourth quarter of this year, according to the EIA.
