Read the latest news articles relating to the oil and gas industry.
This story was originally published by Canary Media. Last month, utilities in New York state submitted plans for 13 pilot projects meant to replace fossil-gas pipelines with infrastructure t... Read more
Updated Thu, Jan 18 20243:21 AM EST ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email This is CNBC’s live blog tracking developm... Read more
Fears of prolonged Red Sea crisis fuel inflation fears, as oil, retail shipping delays begin to rise
State of Freight This week, oil giant Shell confirmed its tankers are avoiding the Red Sea and Shell’s CEO told the Wall Street Journal there would be at least a 5-10% price impact in... Read more
LAS VEGAS (AP) — Standing or stopping is now banned on pedestrian bridges on the Las Vegas Strip where visitors often pause to take photos amid the glittery casino lights or to watch street... Read more
LAS VEGAS (AP) — Standing or stopping is now banned on pedestrian bridges on the Las Vegas Strip where visitors often pause to take photos amid the glittery casino lights or to watch street... Read more
U.S. oil production has been holding at or near record highs since October, topping the previous peak from 2020, even though the number of active domestic oil drilling rigs is down by nearly... Read more
Oil futures fell early Wednesday, feeling pressure as the U.S. dollar held near a one-month high and traders continued to play down worries over the potential for a wider conflict in the Mid... Read more
“It’s a very serious situation and seems to be getting worse,” Chevron CEO Michael Wirth said of the crisis in the Red Sea. Wirth said he was surprised that U.S. crude oil... Read more
Marine shipper DHT Holdings, Inc. (DHT) has shrugged off headline risk lately, exhibiting positive momentum across time frames. The stock broke out of a 10-year basing phase in late 2022, pr... Read more
The railroad Canadian Pacific Kansas City is poised to benefit from mounting disruptions to shipping in the Red Sea that are re-routing global trade routes, according to Redburn Atlantic. Sh... Read more