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’.
Equinor kicked off the search for a new executive vice president for renewables as Pal Eitrheim leaves the company.
Should Chevron and Shell partner in the venture, it would be a sign that the Vaca Muerta can attract more foreign oil and gas investments.
'The first quarter is not a good quarter to bring volumes'.
Oil prices fell to a three-week low near $67 as technical selling and oversupply fears overshadowed OPEC's slower-than-planned output increases.
Crude oil stocks, not including the SPR, stood at 423.4 million barrels on November 29, according to the EIA.