“These discoveries are part of an extensive well program in the Stabroek Block utilizing six drillships to test play extensions and new concepts, evaluate existing discoveries and complete development wells for the Liza Phase 2 and Payara projects,” said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. SourceContinue Reading

Natural gas won’t count as clean energy under a House Democratic plan that would eventually rid the electric grid of carbon and is part of the $3.5 trillion tax-and-spending package moving through Congress. SourceContinue Reading

3 Bearish Catalysts For Oil This Fall | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Sep 09, 2021, 7:00 PM CDT Last week, oil prices enjoyed a nice rally OPEC+ agreed to keep its current production agreement in...Continue Reading

Gas Prices Are Exploding But North Sea Drillers Struggle To Profit | 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 – Sep 09, 2021, 6:00 PM CDT Natural gas producers in the North Sea...Continue Reading

Why Hedge Funds Are Turning Bullish On Oil Again | 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 – Sep 09, 2021, 5:00 PM CDT Money managers put an end to weeks...Continue Reading

Brazil Looks To Become A Top-5 Oil Producer | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Sep 09, 2021, 4:00 PM CDT In a little over...Continue Reading

Biden To Shift FERC Balance To Democrats | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 09, 2021, 3:30 PM CDT Democrats will have nominated the majority of the five-member independent Federal Energy Regulatory Commission (FERC) if President Joe Biden’s nomination is confirmed by the...Continue Reading

Why Bitcoin Miners Are Setting Up Shop In Texas Oilfields | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Sep 09, 2021, 3:00 PM CDT Politicians, environmentalists,...Continue Reading

Exxon Makes 20th Significant Crude Discovery Off Guyana | 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 – Sep 09, 2021, 2:30 PM CDT ExxonMobil has made another oil discovery on the...Continue Reading

China made an unprecedented intervention in the global oil market, releasing crude from its strategic reserve for the first time with the explicit aim of lowering prices. SourceContinue Reading