Sable Offshore (SOC) +12.6% pre-market Monday after saying it resumed oil transportation through the Santa Ynez Pipeline System following a Defense Production Act order from the Trump administration.
The Trump administration invoked the Defense Production Act to restart offshore oil operations in California, a move aimed at ...
Friday’s presidential executive order and action of the Energy Secretary come shortly on the heels of a Department of Justice ...
Qatar halted production of liquefied natural gas after Iranian missile and drone strikes targeted Gulf energy infrastructure.
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, March 10 (Reuters) - International oil majors Chevron and Shell are ...
The directive gives priority to bringing oil production and pipeline capacity back online so crude can move through the Las ...
Gasoline still drives household budgets, but energy efficiency and renewables have reduced the economy’s overall reliance on petroleum.
The cuts signal a broader storage crisis that poses new risks to the global market.
The Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide. And crude prices swung wildly Monday.
Oil prices have jumped past $100 a barrel as the Iran war disrupts oil production and shipping in the Middle East ...
Murphy Oil Corporation leverages its Malaysian project success as a template for new ventures, notably in Vietnam. Learn more about MUR stock here.
Brazil, already South America's largest economy, is on track to become a top four global oil producer following massive pre-salt discoveries, joining OPEC+ in 2025, and seeing a surge in investment ...