Permex Petroleum Corporation, a junior oil and gas company based in Dallas, was approved for a permit to drill on its property in Martin County, Texas. SourceContinue Reading

Among other things, Microsoft is making it possible for Exxon to analyze reams of oil field data. Amazon is helping drillers run simulations to maximize how much oil they can pump from existing wells. SourceContinue Reading

Gazprom’s Gas Exports Have Sunk By 36% This Year | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 16, 2022, 11:30 AM CDT Russia’s gas giant Gazprom said on Tuesday...Continue Reading

U.S. Shale Faces More Than $10 Billion In Hedging Losses | OilPrice.com Rystad Energy Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… More Info Premium Content By Rystad Energy – Aug 16, 2022, 11:00 AM CDT U.S. shale...Continue Reading

A last-ditch attempt by Europe to revive the Iranian nuclear deal has stoked speculation that millions of barrels of oil are set to flood world markets. The return could be swift if Tehran’s previous comeback is any guide. SourceContinue Reading

BP To Sell Mexican Oil Assets As It Ramps Up Renewable Business | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 16, 2022, 10:30 AM CDT BP is selling its oil assets...Continue Reading

Barclays Slashes Oil Price Forecast To $103 Per Barrel | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Aug 16, 2022, 10:00 AM CDT Barclays has slashed its Brent oil price...Continue Reading

Germany Signs Preliminary Deal To Ramp Up LNG Import Capacity | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 16, 2022, 9:30 AM CDT The German federal government has signed two memoranda...Continue Reading

Iran Delivers Nuclear Deal Response But Details Remain Unclear | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Aug 16, 2022, 9:00 AM CDT Iran has delivered a response to the latest proposal...Continue Reading

Nuclear Deal Increasingly Unlikely As Iran Strengthens Ties With Russia | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Aug 15, 2022, 7:00 PM CDT The prospect...Continue Reading