Oil Posts 8% Weekly Loss on Potential OPEC+ Supply Additions

Summary Companies OPEC+ could further boost output in November, sources say Analysts predict oil market surplus in fourth quarter and beyond Chevron refinery fire unlikely to affect broader market (Reuters)…

Biden Ban on Offshore Drilling in Vast Areas Was Illegal, Court Rules

(Reuters) – Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal judge in Louisiana ruled…

US Drillers Report Oil and Gas Rigs Unchanged For the Week at 549, Says Baker Hughes

(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs virtually unchanged, energy services firm Baker Hughes said in its closely followed report on…

Oil Posts 8% Weekly Loss on Potential OPEC+ Supply Additions

By OPEC+ could further boost output in November, sources say Analysts predict oil market surplus in fourth quarter and beyond Chevron refinery fire unlikely to affect broader market HOUSTON, Oct…

US Crude Exports Rise to 1.5-Year High Strong Asian Demand, US Refinery Maintenance

(Reuters) – Exports of U.S. crude oil climbed to the highest level in over a year and a half in September, ship tracking data showed, as U.S. refineries began seasonal…

Chevron Puts $2 Billion Colorado Pipeline Assets for Sale, Sources Say

(Reuters) – Chevron is selling a collection of pipeline assets in the Denver-Julesburg shale basin that are likely to fetch more than $2 billion, people familiar with the matter said.…

COMMENTARY: California’s Solar and Battery Combo Packs a Transformational Punch

By LITTLETON, Colorado, Oct 3 (Reuters) – Although overshadowed so far by booming data center demand and the U.S. government’s gutting of clean energy policies, California’s rapid scaling of solar…

US Supreme Court to Hear Exxon Bid for Compensation From Cuban Entities

Exxon oil and gas assets in Cuba were seized in 1960 Case involves 1996 U.S. law called the Helms-Burton Act Court will hear similar case involving cruise lines WASHINGTON, Oct…

Massive Fire Erupts in Jet Fuel Unit at Chevron’s Los Angeles Refinery

Summary No injuries reported from explosion, fire Blaze could affect jet fuel supply to LAX, southern California No evacuations ordered due to fire (Reuters) – A massive fire erupted in…

Goldman Sachs Maintains Nov-Dec Henry Hub Gas Price Forecast at $4.00/mmBtu

(Reporting by Anjana Anil in Bengaluru; Editing by Muralikumar Anantharaman) Get the Latest US Focused Energy News Delivered to You! It’s FREE: Share This: More News Articles