By Editorial Dept – Dec 18, 2020, 11:00 AM CST U.S. West Texas Intermediate crude oil futures are edging higher on Friday as investors showed no signs of lightening up on the long side ahead of the weekend and next week’s holiday-shortened week. The market is currently trading at its highest level since March 3...Continue Reading

By Editorial Dept – Dec 18, 2020, 11:00 AM CST For most people, the idea of looking back on the last year is probably not that appealing. The phrase “because, you know, 2020…” has become a punchline, and for good reason. This year will forever be remembered as the year that Covid-19 arrived, killing hundreds...Continue Reading

Libya’s Oil Production Rises Further | 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 – Dec 18, 2020, 11:00 AM CST Libya’s crude oil production continues to increase as one of its...Continue Reading

LNG Prices Soar To Six-Year High | 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 – Dec 18, 2020, 10:00 AM CST Spot prices for liquefied natural gas (LNG) delivery in Asia...Continue Reading

Colorado Oil And Gas Lease Sale Ends With Few Takers | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 18, 2020, 9:30 AM CST The latest oil and gas lease sale in Colorado generated just $630,556 for 32 parcels totaling 43,438 acres, the Bureau of...Continue Reading

U.S. Stock Market To See Trading Frenzy As Tesla Joins S&P 500 | 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 – Dec 18, 2020, 9:00 AM CST The U.S. stock market could see...Continue Reading

“Shipowners are faced with many uncertainties in the rapidly changing marketplace,” said Seong-Yong Park, COO and SEVP of HHI Group. “We believe our research results, including proven engineering solutions and alternative fuels, will support them in developing their future strategy for ship operations and fleet renewal.” SourceContinue Reading

About $144 billion of energy bonds were trading at distressed levels in the middle of March, when the pandemic sent oil demand plunging, but that number receded to $37 billion by the end of November. SourceContinue Reading

RIL and BP are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet ~15% of India’s gas demand by 2023. SourceContinue Reading

Deb Haaland, a 60-year-old citizen of the Laguna Pueblo, a 7,700-member tribe west of Albuquerque, New Mexico, has drawn widespread praise from environmental groups and tribal leaders. They say she would bring a deep commitment to protect the land to an agency in charge of 500 million acres of it. SourceContinue Reading