Jessica Shankleman 5/20/2022 (Bloomberg) — The former chief of BP Plc warned that investors are pushing environmental, social and governance concerns aside as fears about energy security and mounting costs take precedence. John Browne, […]
Nicolle Yapur 5/20/2022 (Bloomberg) — Venezuela creditors are holding a rare meeting in Davos next week to discuss potential opportunities in the oil sector amid increasing optimism for investment in the country as the […]
Newswire — ADNOC has announced multiple onshore oil discoveries in place totaling 650 million barrels of oil. In the statement, ADNOC outlined that the finds include 500 million barrels of oil in place at Abu […]
Singapore — China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away […]
5/19/2022 Leslie Beyer, CEO, Energy Workforce & Technology Council released the following statements on actions taken by the Biden Administration. OFFSHORE LEASING “Today’s announcement by the Department of Interior regarding the release of a […]
Georgina Mckay 5/19/2022 (Bloomberg) — Woodside Petroleum Ltd. almost certainly won investor approval to boost global oil and gas production by adding BHP Group assets while also facing a rebuke on its climate accounting. […]
New York — Oil prices rebounded from earlier losses in another volatile session on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar […]
London — Oil prices fell on Thursday on concerns that high fuel prices could hurt economic growth, but a planned easing of restrictions in Shanghai and a tight supply outlook limited loss. Brent crude futures […]
Jennifer Jacobs, Daniel Flatley, Justin Sink and Fabiola Zerpa 5/18/2022 (Bloomberg) — The Biden administration plans to ease sanctions on Venezuelan oil in a bid to bring more of the country’s crude to Europe. […]
David Wethe 5/18/2022 (Bloomberg) — The recovery of the shale patch workforce is still years in the making despite the frothy profits that rallying crude prices are generating for U.S. oil companies and their contractors. Employment in the U.S. oil and […]
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