U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts.
Calls for new oil supplies are being answered by more …
(Bloomberg) — Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognized on Monday.
European natural gas led the …
LONDON – BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the company boosted share repurchases and accelerated plans to cut emissions with increased spending on low carbon energy.…
Energy prices jumped Tuesday as a deep freeze in the South boosted demand for fuel and hampered production.
More than 4 million people were without power across Texas on Tuesday morning, according to poweroutage.us, as the electric grid couldn’t …
NEW YORK – Exxon Mobil Corp on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster its finances while debt markets remain open to new deals.
Exxon paid a lower price to …
The World Bank increased its forecast for crude oil prices next year to $55 per barrel from $53 as members of OPEC prepare to establish …
Wyoming is the most energy intensive state. It’s the largest U.S. coal producer, producing about 40% of total coal mined per year in the U.S. It’s the country’s eighth most …
At last week’s 2014 Energy Symposium hosted by Wells Fargo Securities at the Waldorf Astoria, the sentiment expressed by the energy companies was far different from what had been …
