Expand Energy Announces CEO Departure, Plans Headquarters Move to Houston
Natural gas producer Expand Energy on Monday announced the departure of CEO Domenic Dell’Osso and also said it plans to relocate its corporate headquarters to Houston from Oklahoma City.The company…
US Oil Production, Demand Fell to Multi-Month Lows in November, EIA Data Shows
U.S. oil production fell in November to the lowest since July, while oil demand fell to the lowest since April, data from the Energy Information Administration showed on Friday. Crude…
Trump Rescinds Punitive Tariff on India Over Purchases of Russian Oil
(Reuters) – President Donald Trump signed an executive order on Friday rescinding a punitive 25% duty on all imports from India over its purchases of Russian oil, the White House…
Union Agrees to US Refineries Contract, Averting Nationwide Strike
Summary Four-year deal includes 15% pay raise, $2,500 signing bonus USW sought 16% raise, Marathon firm on final offer Contract replaces current one, which was extended before February 1 expiration…
Tesla Executives Say Company is Hiring to Support Musk’s Expanded Solar Strategy
Summary Tesla hiring to pursue Musk plan for 100 GW of US solar manufacturing Goal far exceeds current US solar manufacturing capacity Job post says plan is to meet solar…
Oil Prices Climb on Worries of Possible Iran-US Conflict
Geopolitical risk reverses oil price decline (Reuters) – Oil prices settled higher on Friday, reversing earlier losses as traders worried that this week’s talks between the U.S. and Iran had…
Global Electricity Demand Surge Forecast by IEA
(Reuters) – Global electricity demand growth is expected to ramp up by more than 3.5% per year on average over the rest of the decade while renewable energy and nuclear…
US Energy Secretary to Visit Venezuela to See Leaders “Before Long”
WASHINGTON, Feb 6 (Reuters) – U.S. Energy Secretary Chris Wright said on Friday he will before long visit Venezuela to meet with “all the leadership” and to get a better…
US Drillers Add Oil and Gas Rigs for Third Week in a Row, Says Baker Hughes
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since November, energy services firm Baker…
Oil Servicers Look to Middle East for Growth on Shale Slowdown
By The world’s largest oilfield-service providers are looking to production increases in the Middle East to help offset a slowdown in US shale. That’s one of the big takeaways from…
