Eight Opec+ Members Agree to Raise Oil Production by 137,000 Bpd in October
Eight Opec+ members agreed to raise oil production by 137,000 bpd in October, the group said in a statement on Sunday. The group’s statement cited steady global economic outlook and…
Trump Ready for ‘Phase Two’ of Russia Sanctions Over Ukraine Conflict
The latest comments suggest an increasingly aggressive posture, but Trump stopped short of saying he was committed to such a decision or what a second phase might entail. Get the…
Oil Gains After OPEC+ Output Hike Seen Modest
Summary Eight OPEC+ members to lift output by 137,000 bpd from October Russia hits Ukraine with biggest air attack of war Trump says European leaders to visit US over Russia-Ukraine…
Japan Hires Wood Mackenzie to Assess Trump-Backed Alaska LNG Project
The scope and cost of the deal with Wood Mackenzie is unclear, as is whether any resulting report will be made public. Get the Latest US Focused Energy News Delivered…
US Drillers Add Oil and Gas Rigs for First Time in Seven Weeks, Baker Hughes Says
Despite this week’s rig increase, Baker Hughes said the total count was still down 45 rigs, or 7.7%, below this time last year. Get the Latest US Focused Energy News…
Oil Prices Settle Down More Than 2% After weak US Jobs Report
Summary Crude down 2%, third consecutive session of losses US crude inventories rise by 2.4 million barrels OPEC+ to consider further output hike on Sunday, sources say HOUSTON, Sept 5…
‘I Fault Myself for Not Paying More Attention,’ Conoco CEO Tells Employees Facing Deep Job Cuts
Lance was speaking to employees in a town hall meeting a day after he sent employees a video announcing the job cuts as part of a broad restructure focused on…
Halliburton Reduces Workforce as Oil Activity Slumps
The scope of Halliburton’s layoffs was not immediately clear. Get the Latest US Focused Energy News Delivered to You! It’s FREE: Halliburton has rolled out the cuts over several weeks,…
Trump Says India and Russia Appear “Lost” to “Deepest, Darkest China”
“Looks like we’ve lost India and Russia to deepest, darkest, China. May they have a long and prosperous future together!” Trump wrote in a post on his social media platform.…
Japan Explores Alaskan LNG Purchases as Part of $7 Bln Energy deal, US-Japan Statement Shows
(Reporting by Makiko Yamazaki; Writing by Kantaro Komiya; Editing by Christopher Cushing) Share This: More News Articles
