Oil Prices Post Gains on Recovery Signal
Oil closed above a key technical level buoyed by US energy data that suggest a much-awaited recovery in demand is underway.
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Gasoline Demand Hits Highest Level Since March
US gasoline consumption recovered last week to where it stood just before the pandemic forced everyone inside.
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Biden VP Pick Has Record of Fighting Oil Industry
As California attorney general, Harris filed lawsuits against Phillips 66, ConocoPhillips and others.
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Blackstone May Sell Stake in Cheniere
Brookfield Asset Management's infrastructure arm reportedly is in talks to acquire Blackstone Group's minority stake in LNG terminal operator Cheniere Energy Partners LP.
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Iran Wants the Public to Invest in Oil
Iran plans to enable members of the public to invest in oil on its capital markets for the first time.
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Halliburton to Auction Off Sites from Alberta to Louisiana
The firm plans to sell 13 North American sites through a mix of online and in-person bidding.
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$5B Chevron Deal Wins Support from Israeli Official
Israel's energy minister is "confident" the country's regulators will allow Chevron Corp. to operate the local natural gas assets of Noble Energy Inc.
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Trump Abandons Obama-Era Methane Leak Curbs
The Trump administration is abandoning Obama administration curbs on methane leaks from oil and gas wells.
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Petronas to Test New Subsea Pump
PETRONAS and FASTsubsea have signed a contract to develop and test a low-cost, topside-less subsea multiphase pump. IMAGE SOURCE: Aker Solutions
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Drilling Permit Trend Suggests No Strong 2020 Rebound
US permits for new horizontal drilling in oil basins fell to a 10-year monthly low in July, Rystad Energy reported Tuesday.