Read the latest news articles relating to the oil and gas industry.
BP posted underlying replacement cost profit, used as a proxy for net profit, of $13.8 billion for 2023, a steep fall from a record $27.7 billion in the previous year. The energy major incre... Read more
MEMPHIS, Tenn. — An apparent carjacking was foiled late Sunday night at a Fox Meadows gas station when the suspects were unable to drive the victim’s car. It appears the suspects were after... Read more
LAS VEGAS (KLAS) — Husband and wife Keaton and Lillie Lutringer, ages 32 and 37, visited Las Vegas to celebrate a birthday, according to a Las Vegas Metro police report obtained by the 8 New... Read more
The oil market will face a supply shortage by the end of 2025 because the world is not replacing crude reserves fast enough, Occidental CEO Vicki Hollub said. About 97% of the oil produced t... Read more
MOAB, Utah (ABC4) — A forecaster with the Utah Avalanche Center said he was flabbergasted by the second-largest avalanche he had ever seen over the weekend. In a video posted on Sunday, Jan.... Read more
A customer refuels at a Safeway gas station in Hercules, California, US, on Tuesday, May 23, 2023. David Paul Morris | Bloomberg | Getty Images Oil prices were largely flat Monday as the Fed... Read more
Oil futures fell early Monday, extending the previous week’s steep decline, as traders looked past a series of retaliatory strikes on Iran-backed militants by a U.S.-led coalition over the w... Read more
Massachusetts utilities, regulators, and lawmakers are beginning to chart their next steps following an order issued two months ago that signaled the beginning of the end of natural gas in t... Read more
LAS VEGAS (KLAS) — Southwest Gas customers across the Las Vegas valley and beyond are plagued by rising gas bills. The issue comes at a time when everyone’s wallets are stretched thin by ris... Read more