High Volatility Frustrates USA Efforts to Refill Oil Reserves
The Energy Department last week rejected all offers to replenish the stockpile.
The Energy Department last week rejected all offers to replenish the stockpile.
Baker Hughes has named Ganesh Ramaswamy as the executive vice president of the Industrial & Energy Technology business segment effective January 16.
China’s generous quota for crude imports boosted oil with renewed hopes for a demand revival in the world’s largest buyer.
Shell said its gas-trading earnings were ‘significantly higher’ in Q4 of 2022 as the firm overcame challenges encountered earlier in the year.
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 declined as broader market sentiment soured and mild winter temperatures in may parts of the globe eased fears of an energy crisis.
Executives from 150 oil and gas firms have their say.
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.
‘Oil prices would need to be around $60-$65 per barrel and gas demand would need to drop lower’.
Henry Hub natural gas prices have crashed back toward $2 on storage concerns, BofA analysts noted in a BofA Global Research report sent to Rigzone.
Twenty-five Republican attorneys-general lodged a joint plea before the Supreme Court for an emergency stay of new power emission rules that they fear may shut down generation plants running on fossil fuels.
The biorefinery will have the capability to produce sustainable aviation fuel (SAF) and other biofuels such as renewable diesel / hydrogenated vegetable oil (HVO).
A U.S. election victory for former president Donald Trump could send oil prices lower, according to some prominent Wall Street banks.
Using renewable electricity, REFHYNE II is expected to produce up to 44,000 kilograms per day of renewable hydrogen to partially decarbonize site operations.