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Oil Price
Oil Prices Steady as Market Awaits Fresh US Tariffs
U.S. oil prices showed some stability after falling earlier in the week amid concerns about new tariffs from President Trump. Brent futures dipped slightly to $…
Oil&Gas Drilling
Trump Administration to Open More Alaska Acres for Oil, Gas Drilling
U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipelin…
Oil & Gas Trade
US Orders Wind down of Chevron’s Oil Exports From Venezuela
The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron (CVX.N),since 2022 to operate in Venezuela an…
Crude Oil
Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion
Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023.On Monday, the American Petroleum Institute (API), a trade gro…
Oil Price
Oil Holds Above $72 Amid Supply Uncertainty
Oil prices extended modest gains above $72 as supply concerns, a weaker dollar, and refinery shifts influenced market sentiment, while trading remained rangebou…
Oil & Gas Trade
Texas Gulflink Deepwater Port Secures Marad Approval After Multi-Year Review
Sentinel Midstream's Texas GulfLink deepwater crude oil export terminal has received approval from the U.S. Department of Transportation's Maritime Admi…
Oil Field
Diamondback Energy Announces Midland Basin Deal
Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.Diamondback Energy Inc announc…
Oil and Gas Equipment
Halliburton Launches Its Second Electric TRSV Following Success of Industry’s First
Halliburton today announced the launch of the new EcoStar® electric tubing-retrievable safety valve (eTRSV). This second-generation product builds on the su…
Oil & Gas Trade
Texas Gulflink Oil Export Project Gets Federal Approval
Sentinel Midstream received DOT approval for a project to build a petroleum export facility with loading rates of up to one million barrels a day off the coast …
Oil Field
Pair of Large Quakes Rattle Texas Oil Patch, Putting Spotlight on Water Disposal
A long exposure image shows the movement of a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 23, 2019.Two large earthquakes th…
Oil Refinery
Lyondell Houston Refinery Layoffs to Begin in Mid-April -Letter
An aerial view of LyondellBasell-Houston Refining is seen in Houston, Texas, U.S. August 31, 2017.Layoffs of workers at Lyondell Basell Industries’ (LYB.N), op…
Oil & Gas Trade
Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset
Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that…
Oil & Gas Trade
Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset
Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that…
Oil Price
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices settled flat on Thursday, paring earl…
Crude Oil
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by…
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