Trade War Is Diverting USA Petroleum Gas Cargoes Away From China
The diversions show the disruption to supply chains caused by the trade fight between the U.S. and China.
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WTI Ends Higher But Logs Weekly Loss
Oil prices edged up slightly as conflicting US-China trade signals kept markets cautious.
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Texas Oil, Gas Regulator Continues Digitization Drive
'Reaching nearly 100 million digitized records is a clear sign of our continued success in fully bringing the world's oldest regulatory agency into the 21st century', RRC Chairman Christi Craddick said.
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US Eases Downhole Commingling Policy to Boost Oil Production
The DOI has expanded the allowable pressure differential for single-wellbore oil production from multiple reservoirs in the Gulf of America's deep waters.
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Energy Secretary Aims to Reassure Oil Bosses Amid Trade War
Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma.
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Valero at a Loss for Q1 after Booking Impairments
Valero reported a loss attributable to shareholders of $595 million, or $1.9 per share, impacted by $1.13 billion in pre-tax impairments.
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AccuWeather Looks at Wildfire Risk for USA Oil, Gas in 2025
'AccuWeather is forecasting seven to nine million acres to burn across the country this year, which is more than the historical average', AccuWeather Lead Long-Range Expert Paul Pastelok said.
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Saipem Sees 35 Percent YoY Increase in Q1 Profit
Saipem reported about $87.45 million in net income for Q1, up 35.1 percent from the same three-month period a year ago on the back of improvements in its engineering and construction segments.
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Hydrocarbons Discovered at Offshore Namibia Well
BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.
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Liverpool Bay CCS Project Moves to Construction Phase
Eni and the UK government have reached financial close on the Liverpool Bay CCS project, with startup planned for 2028.