US LNG Capacity Additions Would Significantly Lower GHG Emissions Compared to Alternatives, New S&P Global Study Finds

Development of additional US LNG projects currently on hold or in the pre-Final Investment Decision stage would avoid carbon emissions by 2040 equivalent to more than twice the annual emissions from…

How Much Crude Oil Does the US Import by Country?

HOUSTON, J (Reuters) – Canada and Mexico are the top sources of U.S. crude imports, together accounting for around one-quarter of the oil U.S. refiners process into fuels such as…

COMMENTARY: AI Applications in Upstream Oil and Natural Gas – Part 2 – Yogi Schulz

By Yogi Schulz Generative artificial intelligence (AI) is sweeping through the oil and natural gas industry. It’s out of control, like the Wild West. AI output is showing up in…

US Energy Chief to Seek $20 Billion to Refill Oil Reserve, Bloomberg Reports

Wright told Bloomberg News in an interview that the initiative would restore holdings “just close to the top” to maintain efficient operating status. “Ultimately that’s what it was built for…

Tanzania Plans to Launch Its First Oil and Gas Bid Round in Over a Decade

Tanzania Plans to Launch Its First Oil and Gas Bid Round in Over a Decade | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Mar 06, 2025, 10:30 AM CST…

New EU Carbon Market Set to Hit Households and Small Businesses

New EU Carbon Market Set to Hit Households and Small Businesses | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Mar 06, 2025, 11:30 AM CST The European Union’s new…

European Leaders Pressure EU To Resume Ukraine Gas Deal

European leaders are set to urge EU authorities and Ukraine to intensify talks over a possible resumption of Russian gas transit through Ukraine. Slovakia’s Prime Minister Robert Fico has revealed…

Oil Prices Set for Solid Weekly Loss on Tariffs and Ample Supply

U.S. tariffs on Canada and Mexico, as well as signals about comfortable supply levels have combined to pressure oil into ending the week with a substantial loss, which, according to…

China’s Oil Imports Down 5% in January and February

China’s crude oil imports over the first two months of the year fell 5% on 2024 as the parting round of sanctions that the Biden administration imposed on Russian energy…

Mexico’s President Claims Its Oil Quality Problem Has Been Solved

ByIrina Slav– Mar 07, 2025, 4:00 AM CST Problems with the salt content in Pemex oil have been solved, the country’s president Claudia Sheinbaum said, after multiple reports about trouble…