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…

Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In

By and Exxon Mobil Corp. and Chevron Corp. are setting their sights on expanding production in nations tied to OPEC, including some of the world’s riskiest geopolitical hotspots, as President…

ConocoPhillips Wants Venezuelan Payback Before Drilling for Oil

By ConocoPhillips Chief Executive Officer Ryan Lance’s priority in Venezuela is recouping billions his company is owed almost two decades after its oil projects were nationalized, rather than drilling new…

Williams Weighs Buying Gas-Producing Assets to Enhance AI Energy Supply to Hyperscalers, Sources Say

(Reuters) – Williams Companies is exploring buying natural gas production in the United States, a rare foray for an energy infrastructure operator, as it aims to secure natural gas supplies…

Mexico Seeking Way to Send Fuel to Cuba Without Being Hit by US Tariffs, Sources Say

(Reuters) – Mexican officials are evaluating how to send fuel to Cuba to help meet basic needs such as electricity and transportation without triggering reprisals from Washington, which has threatened…

Oil Pauses as Investors Eye US-Iran Talks

Summary Weekly price drop would be first since mid-December US, Iran in dispute over agenda for talks in Oman Geopolitical risk stems oil price decline (Reuters) – Oil prices held…

Union Asks Workers at BP’s Whiting, Indiana, Oil Refinery to Prepare For Strike or Lockout

(Reuters) – United Steelworkers is asking workers at BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, to prepare for a strike or lockout, the union said on Thursday after weeks of negotiations…

US to Auction Drilling Rights For Alaska Reserve on March 9

(Reuters) – The Trump administration on Thursday said it would hold a sale of oil and gas drilling rights across 5.5 million acres of Alaska’s National Petroleum Reserve on March…