World Oil (Bloomberg) – Senator Joe Manchin blasted the Biden administration’s move to halt the approval of new licenses to export U.S. liquefied natural gas (LNG) and vowed to use his power as the chairman of the Senate Energy and Natural Resources Committee to investigate. “If the Administration has the facts to prove that additional LNG export capacity would hurt
Oil Price The Trans Mountain expansion project may be in for yet another delay as the company in charge of it reported encountering “technical issues” during construction. In a statement, the company said that the issues “will result in additional time to determine the safest and most prudent actions for minimizing further delay.” The expanded pipeline was scheduled to begin operation
World Oil (WO) – As the Baker Hughes Annual Meeting entered its first full day in Florence, Italy, on Monday, the firm’s Chairman, President and CEO, Lorenzo Simonelli (Fig. 1), set out an agenda for what he calls “energizing change,” for both his company and the industry as a whole. “It all begins with people,” quipped Simonelli. “People first; people
Nasdaq It is the end of an era for Big Oil in California, as the most populous U.S. state divorces itself from fossil fuels in its fight against climate change. California’s oil output a century ago amounted to it being the fourth-largest crude producer in the U.S., and spawned hundreds of oil drillers, including some of the largest still in
Oil and Gas 360 Record Q4 2023 Sales Volumes Near High End of Guidance ~ ~ Further Reduced Debt in Addition to Making Final Payment for the Founders Acquisition ~ THE WOODLANDS, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an operational and financial update for the fourth quarter
Consumers Energy and Consumers Energy Foundation Donate More than $11 Million in 2023 P…
Canadian Gas Association writes a letter to Prime Minister Justin Trudeau highlighting the import…
Energy Professionals welcome Pickering Nuclear life extension announcement Canada NewsW…
Energy Professionals welcome Pickering Nuclear life extension announcement Canada NewsW…
Oil Price The Saudi state has ordered energy major Aramco to stop work on expanding its maximum sustainable capacity to 13 million barrels daily, instead keeping it at 12 million bpd. The company said in a statement today that its maximum sustainable capacity is determined by the state under a law from 2017. Aramco added that it would update its capital spending
Shares of Caterpillar Inc. (NYSE: CAT) traded at a new 52-week high today and are currently tra…
Wall Township, NJ, Jan. 30, 2024 (GLOBE NEWSWIRE) — Coates International, Ltd. has had independe…
