BLS Flags Gasoline Role in March Consumer Price Index
'The index for shelter rose in March, as did the index for gasoline'.
Colombia's GeoPark to Acquire Stakes in Argentina's Neuquen Basin
The agreed acquisition price is around $200 million, plus an additional carry of $110 to 120 million over a two-year period, associated with certain exploration activities.
EIR Says Oil Demand Will Not Peak Before 2030
'EIR expects global oil demand to grow to approximately 108 million barrels per day by 2030'.
Bayou Bend CCS Taps Sulmara for Geo Survey
'The quality of the data gathered is some of the best we've seen from a USV'.
IEA Warns Attacks on Russia Refineries May Disrupt Diesel Market
Ukrainian drones have ramped up attacks on Russia's oil industry this year in an attempt to disrupt fuel supplies to the military and curb the Kremlin's revenue.
Woodside Reconsiders Sale of Macedon, Pyrenees Assets
The Australian integrated energy company started a process in the second half of 2023 to consider the potential for divestment of its interests in the assets.
Exxon CEO Pay Climbed 2.8 Percent to $36.9MM Last Year on Pension
Exxon Mobil Corp. Chief Executive Officer Darren Woods' pay climbed 2.8 percent to $36.9 million last year.
Oil Falls as Surging Stockpiles Outweigh Iran Risk
Oil gave up the previous day's gains as swelling US stockpiles overshadowed the possibility of an attack on Israel by Iran or its proxies.
APA Corporation Shuffles Management Following Callon Acquisition
APA Corporation has made changes to its executive leadership team.
USA Crude Oil Stocks Rise Almost 6MM Barrels WoW
U.S. crude oil stocks stood at 457.3 million barrels on April 5, the EIA revealed.
KCA Deutag Scores $204MM Worth of Drilling Contracts
KCA Deutag has secured contracts worth $204 million in its key and core markets.
Oklo Aims to Provide Nuclear Power for Diamondback's Permian Operations
Oklo is proposing to provide its Aurora powerhouse technology to supply reliable and emission-free electricity.
Russia Destroys Largest Power Plant in Ukraine's Kyiv Region
A sweeping Russian missile attack on Ukraine destroyed the largest power generating plant in the Kyiv region.
EIA Ups Brent Oil Price Forecast for 2024 and 2025
The U.S. Energy Information Administration increased its average Brent spot price forecast for 2024 and 2025 in its latest short term energy outlook.
Borr Drilling Secures $156.8MM of Contracts in North Sea, Southeast Asia
The contracts are for Borr's Prospector 1 and Gunnlod jack-up rigs, plus a rig still to be determined.
North Sea Countries Team Up for Infrastructure Protection
'Damage to energy pipelines and subsea fiber optic cables has placed the resilience and security of critical underwater infrastructure in the North Sea high on the agenda'.
Chevron CEO Pay Rose 12 Percent to $26.5MM Last Year on Pension
Chevron Corp. Chief Executive Officer Mike Wirth's pay jumped 12 percent to $26.5 million last year.
Global Partners Closes $212MM Acquisition of 4 Gulf Oil Terminals
The assets will 'further enhance Global's position in the energy economy of the Northeast'.
Petrobras Discovers Oil in Potiguar Basin
The discovery of Albian-age turbidite reservoirs carrying oil is 'unprecedented in the Potiguar Basin'.
Russian Oil Is Once Again Trading Far Above the G-7 Price Cap Everywhere
Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine.
