California Lawmakers Vote to Allow Sale of Higher-Ethanol Fuel, Paving Way for Low-Cost, Energy-Efficient Gasoline
The landmark vote brings California closer to cheaper pump prices and expanded use of cleaner, American-made ethanol fuel.
Shell Rules Out BP Takeover Talks
Shell said it could not breach the UK rules, a statement which bars it from bidding for BP for the next six months.
How Iranian Oil Supports the US Economy Even Without Reaching Its Shores
Iran’s crude output helps stabilize global markets, indirectly easing fuel prices and inflationary pressures in the United States.
Oil Prices Surge After Israeli Strike on Iran Raises Supply Fears
Brent and WTI crude see biggest gains since 2022 as fears grow over supply disruption through Strait of Hormuz.
Australian Energy Heavyweights Woodside and Santos Pave the Way for $52 Billion Gas Powerhouse in Merger Talks
Concurrently, Santos is assessing a range of alternative structural options with a view to unlocking value.
Shifting Tides: The Evolving Landscape of the Global Oil and Gas Industry in the Face of Renewable Energy Transitions and Technological Innovations
The global oil and gas sector is susceptible to geopolitical developments, and disturbances in significant oil-producing regions can have repercussions on oil prices worldwide. Additionally, the industry's performance is influenced by economic downturns and fluctuations in demand.
VAALCO Energy: Driving Growth in the Energy Sector
VAALCO is a Houston-based company focused on oil and gas production in Africa and Canada.
Hurricane Activity Spares US Gulf Coast Oil Patch
The US Gulf Coast oil and natural gas fields have been fortunate this year as the active Atlantic hurricane season has spared them from major storms.
Oil Price Surge Lifts 2023 Profit Outlook for European Companies
Goldman Sachs revised its 2023 earnings forecast for the STOXX 600 index higher on Tuesday, cit