The Latest

Investment

Survey: Oil And Gas Sector Keeps Faith In Low-carbon Energy

Some 71% of senior oil and gas professionals and executives surveyed by DNV GL expect to increase or maintain investment in renewable energy, decarbonizing oil and gas production and new low-carbon technologies.

January 21, 2020

Crude Oil

Oil Prices Rise As Libya Declares Force Majeure On Oil Fields

Two major oil fields in southwest Libya began shutting down on Jan. 19 after forces loyal to Khalifa Haftar closed a pipeline, potentially cutting national output to a fraction of its normal level.

January 20, 2020

Exploration & Production

US Grants Chevron Another Three Months For Venezuela Operations

The U.S. Treasury Department on Jan. 18 granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22.

January 19, 2020

Investment

Opinion: Why Extinction Rebellion Is Wrong About BlackRock

Would you rather global societal breakdown occurred by climate change or mass energy poverty? Or none of the above?

January 17, 2020

Exploration & Production

California Sues Trump Administration Over Drilling Plan

The lawsuit alleges the U.S. Bureau of Land Management failed to adequately consider the adverse effects oil and gas drilling would have on the people and environment in eight Central California counties.

January 17, 2020

Liquefied Natural Gas (LNG)

Chinese Demand For US LNG Unlikely To Surge

As long as tariffs on gas remain, traders will be reluctant to commit to deals.

January 17, 2020

Exploration & Production

Crestone Peak Enters Air Quality Monitoring Partnership For Colorado Well Sites

Crestone Peak Resources revealed on Jan. 16 an innovative partnership for a large-scale test of real-time continuous air quality monitoring at its oil and natural gas production sites in Colorado.

January 17, 2020

Liquefied Natural Gas (LNG)

Opinion: What Happens If China Does Buy $52 Billion Of US Crude, Coal, LNG?

The terms of the trade deal imply an absolutely massive increase in Chinese imports of U.S. energy, and if this actually comes to pass, it will have serious disruptive effects across global markets.

January 16, 2020

Crude Oil

IEA: Oil Stocks, Non-OPEC Output To Buffer Market From Shocks

The risk has receded for now, the agency said.

January 16, 2020

Liquefied Natural Gas (LNG)

US Energy Exports To Climb As China Pledges Ramp-Up In Purchases

Quantities were not specified in the accord and analysts were unclear how quota sales will work.

January 16, 2020