Read the latest news articles relating to the oil and gas industry.
Oil prices jumped more than 3% after Palestinian militants launched a surprise attack on Israel last weekend. However, both Gaza and Israel produce small amounts of oil, so the overall effe... Read more
Aramco is partnering with Siemens Energy AG to develop a small-scale direct air-capture “test unit,” which is set to be finished in 2024. Direct air-capture, or DAC, works by ext... Read more
Every oil & gas company with a well-run transportation fleet today regularly reviews its operational and systematic data to identify key trends and opportunities to improve its overall e... Read more
The escalating conflict between Israel and Hamas threatens to push oil prices higher by straining relations between major oil producing countries in the Middle East, according to Wall Street... Read more
Valley Children’s Hospital in Madera, California is retiring its diesel generators in favour of a solar microgrid with long-duration energy storage, in a bid to clean up its electricity supp... Read more
Need to Know: From $150 oil to no impact at all: What the surprise attack on Israel means to markets
There was something almost absurdist on the attention given this weekend to Israel’s peace talks with Saudi Arabia, and whether they would continue in light of the surprise attack from Gaza... Read more
Oil prices climbed on Monday, as traders assessed implications for crude supplies after a surprise, deadly attack by Hamas on Israel over the weekend. Price action West Texas Intermediate cr... Read more
OPEC and the IEA, both big names in the energy industry, are currently locked in a war of words over peak oil demand. In its 2023 World Oil Outlook, OPEC said it expected world demand to rea... Read more
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) – France and Germany’s governments kick off an unprecedented two-day retreat in Hamburg on Monday in a bid to re-set relations b... Read more
David Scott, the head of Exxon Mobil Co.’s shale oil and gas production business, was arrested in Texas and faces a charge of sexual assault. According to public records from the Montgomery... Read more
