North Dakota Oil Production Down 61,000 bpd in May vs April to 1,113,000 bpd – State Regulator
(Reuters) – Oil production in North Dakota fell 61,000 barrels-per-day (bpd) to 1,113,000 bpd in May, monthly data from the state Industrial Commission showed. The data was released on the…
North Dakota Rig Count Falls by 3 on the Month to 29 in July, State Regulator Says
(Reuters) – There are currently 29 rigs in North Dakota, down from 32 in June, the state regulator said on Tuesday. North Dakota is the third-largest oil-producing state. Get the…
Exxon in Talks With Trinidad for Seven Deepwater Blocks, Sources Say
By Exxon interested in blocks near Guyana’s Stabroek field Trinidad’s new PM aims to boost offshore investment Ongoing deepwater auction excludes Exxon’s desired blocks Trinidad open to bids outside auctions,…
Halliburton Forecasts Steep Full-Year Revenue Decline on Softer Demand
By and North America revenue to decline in low-double digits in 2025 2025 international revenue to contract by mid-single digits Trump tariffs to hit profit by $35 million in Q3…
Energy Firms Retreat From Global Net Zero Standard Setter
By At least three large oil and gas companies have walked away from an initiative seeking to put the industry on a credible path toward net zero emissions. Shell Plc,…
US Became Net Exporter of Crude to Nigeria for the First Time, EIA Says
(Reuters) – The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the U.S. East Coast slowed due to refinery…
COMMENTARY: Holes in EU Russia Sanctions Put Attention Back on Trump Oil Threat – Bousso
By Ron Bousso EU sanctions unlikely to impact Russia’s oil revenue severely India and China may continue buying discounted Russian crude Trump’s secondary sanctions could pressure Russia but risk global…
Halliburton Profit Slumps on Weak North America, Middle East Drilling Demand
(Reuters) – Halliburton reported about 33% fall in profit for the second quarter on Tuesday, hurt by weak demand for its oilfield services in North America, Saudi Arabia and Kuwait. The…
High Imports, Soft Summer Demand Weigh on US Gasoline
Summary Imports surge, boosting gasoline storage demand East Coast gasoline prices drop below national average OPEC production increase pressures oil prices lower (Reuters) – U.S. gasoline prices could fall below…
Canada’s Enbridge to Invest $900 Mln in Texas Solar Project
(Reuters) – Energy infrastructure company Enbridge said on Tuesday it had reached a final investment decision to invest $900 million on a 600 megawatt solar power project in Texas, as demand…
