Latest

Chevron Uses Permian Playbook to Breathe Life Into Argentina’s ‘Dead Cow’ Oil Region

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, US News / By

By Sheila Dang Chevron aims to accelerate goal of tripling its Argentina production Company plans second drilling rig in June next year and third by early 2029 ‘Vaca Muerta’ output has never reached full potential NEUQUEN, Argentina, Oct 23 (Reuters) – In a windy, remote oilfield in Argentina, Chevron (CVX.N) is bringing in US workers, …

Chevron Uses Permian Playbook to Breathe Life Into Argentina’s ‘Dead Cow’ Oil Region Read More »

GM Cancels Deal With New US Rare-Earth Magnet Plant, Documents Say

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

By Eric Onstad VAC plant was built to sell 90% of nearly 2,000 metric tons of magnets yearly to GM VAC seeks damages after GM termination notice, documents show Energy Fuels says purchase price may be adjusted to account for dispute LONDON, Oct 22 (Reuters) – General Motors (GM.N), the biggest customer of a US …

GM Cancels Deal With New US Rare-Earth Magnet Plant, Documents Say Read More »

Oil Stocks Are Looking Stretched to Traders as Earnings Loom

Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil, US News / By

By Monique Mulima A pumpjack operates near a drill rig in the Permian Basin near Midland, Texas.Photographer: Daniel Acker/Bloomberg Shares of oil and gas companies are rallying this year, powered by windfall profit growth as the war in the Middle East pushes crude prices higher. Yet, their momentum has Wall Street traders expecting a pullback. …

Oil Stocks Are Looking Stretched to Traders as Earnings Loom Read More »

SLB Tops Estimates on Resilient North America Demand, Sees Middle East Rebound

Latest, US News / By

Oct 23 (Reuters) – SLB (SLB.N) beat Wall Street estimates for third-quarter profit on Friday, supported by strong North American oilfield activity, while signaling recovery in parts of the ​Middle East following conflict-related disruptions. Repeated flare-ups in the US-Iran conflict, now in its ‌eighth month, have pressured oilfield services companies with significant exposure to the …

SLB Tops Estimates on Resilient North America Demand, Sees Middle East Rebound Read More »

Trump’s Diesel Price Relief Efforts Grow Costlier as Election Nears

Diesel Fuel, Energy Topics & Technology, Latest, US News / By

By Jarrett Renshaw and Leah Douglas $8 billion farm aid pushes payments to a record $55.4 billion Analysts see little diesel price relief before midterms Russian fuel deal risks aiding Moscow with little US benefit Oct 23 (Reuters) – With the November midterm elections fast approaching, President Donald Trump is throwing an array of costly …

Trump’s Diesel Price Relief Efforts Grow Costlier as Election Nears Read More »

Oil Spill Off UAE Coast Prompts Beach Closures, Cleanup Effort

CDN and International News, Conventional Energy, Latest, Oil / By

(Reuters) – The United Arab Emirates said efforts were under way on Friday to contain oil leaking from a tanker vessel offshore that prompted authorities to close beaches and warn fishermen to avoid the area. Since the start of the US-Israeli war with Iran, attacks on commercial vessels in Gulf shipping lanes have driven up …

Oil Spill Off UAE Coast Prompts Beach Closures, Cleanup Effort Read More »

U.S. Rig Count Holds at 603 as Oil Drilling Rises and Natural Gas Activity Slips

Conventional Energy, Latest, Natural Gas, Oil, US News / By

U.S. drilling activity held steady this week as an increase in oil-directed rigs offset a decline in natural gas drilling, leaving the national fleet above 600 for a third consecutive week. The U.S. rig count remained unchanged at 603 for the week ended October 23, according to the latest Baker Hughes North America Rig Count …

U.S. Rig Count Holds at 603 as Oil Drilling Rises and Natural Gas Activity Slips Read More »

OIL PRICES CLIMB as Middle East Supply Fears Intensify — Brent Nears $115 and WTI Moves Above $100

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

EnergyNow Morning Oil Price Report Report Date & Time: October 23, 2026 – 5:35 a.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is approximately US$100.94 per barrel, up US$1.47, or 1.48%, from Thursday’s official settlement of US$99.47. Oil is climbing as escalating Middle East tensions increase concerns about international …

OIL PRICES CLIMB as Middle East Supply Fears Intensify — Brent Nears $115 and WTI Moves Above $100 Read More »

EXPLAINER – WTI vs BRENT: Why is There a $15 Spread in Prices?

Conventional Energy, Latest, Oil, US News / By

EnergyNow Media Two of the world’s most important oil benchmarks are trading nearly $15 per barrel apart. Why is Brent commanding such a substantial premium over West Texas Intermediate (WTI), and what does this growing price differential mean for Canadian oil producers? Oil markets are experiencing an unusual divergence between Brent crude, the international pricing …

EXPLAINER – WTI vs BRENT: Why is There a $15 Spread in Prices? Read More »

Trump Invokes Cold War-Era Defense Production Act for Oil Production, Refining

Conventional Energy, Latest, Natural Gas, Oil, US News / By

  US President Donald Trump determined on Thursday that petroleum production, refining, and related activities are essential to national defense, a move that could open up US funding for fossil fuel projects. In a presidential memo, Trump also invoked part of the Cold War-era Defense Production Act, allowing him to provide financial incentives for oil-related …

Trump Invokes Cold War-Era Defense Production Act for Oil Production, Refining Read More »

Subscribe
Subscribe