Domestic gasoline inventories rose 1.9 million barrels last week, the biggest increase since May, while a measure of gasoline consumption slid to the lowest since late September, according to an Energy Information Administration report. The mounting fuel supplies and lackluster demand may worsen during the normally sluggish winter driving months. SourceContinue Reading

Environmental groups sued the Trump administration for its “failure to comply” with the Endangered Species Act, assailing as “arbitrary and capricious” a long-awaited assessment of the harm offshore oil and gas drilling could do to wildlife. SourceContinue Reading

Aggreko’s solutions allow oil and gas operators to repurpose this gas to provide power for their operations, saving money on fuel costs and reducing their net carbon emissions. SourceContinue Reading

Varel International Energy Services, a long-standing provider of drilling and downhole solutions, announced their settled litigation with Taurex Drill Bits, including claims of intellectual property infringement for specific drill bit technology. SourceContinue Reading

Big Oil Hamstrung In Tackling Methane Problem | 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 – Oct 21, 2020, 3:00 PM CDT When the coronavirus first spread around the world, emissions-tracking organizations reported...Continue Reading

Brazil’s Oil Giant Petrobras Raises Production Forecast | 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 – Oct 21, 2020, 2:30 PM CDT Thanks to increased production at the prolific pre-salt offshore...Continue Reading

The Battle For More Efficient Energy | 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 – Oct 21, 2020, 2:00 PM CDT There is a war going on....Continue Reading

Global Oil Production Costs Continue To Fall | 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 – Oct 21, 2020, 1:00 PM CDT A comprehensive Rystad Energy analysis...Continue Reading

Suncor May Sell Stake In North Sea Oilfields | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 21, 2020, 12:30 PM CDT Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore...Continue Reading

Israel And The UAE Sign Historic Oil Deal | 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 – Oct 21, 2020, 12:00 PM CDT Israel and the United Arab Emirates (UAE) signed...Continue Reading