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Tag: Oil and Natural Gas Exploration
Saudi Arabia and Russia Win Big in Gamble on Oil Cuts
[ad_1] Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production. [ad_2] Source link
$100 Oil Needs Western Drills to Stay Quiet
[ad_1] Saudi Arabia and Russia are reliant on high oil prices to fund infrastructure projects and the Ukraine war. U.S. and European oil companies are helping them with low investments.…
Chevron, Workers Back Brokered Deal to End LNG Strikes—Update
[ad_1] U.S. energy giant Chevron and workers at two of its large natural-gas operations in Australia have backed a recommendation from Australia’s workplace arbiter to end strikes affecting plants that…
With CEO Out, BP Faces Choice of Whether to Abandon Push to Go Green
[ad_1] The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. [ad_2] Source link
The Race to Drill America’s Longest Oil and Gas Wells
[ad_1] With the shale boom’s end in sight, some companies are trying to impress Wall Street by eking out growth—and drilling ever deeper. [ad_2] Source link
Chevron Workers Begin Industrial Action at Australian Natural-Gas Plants
[ad_1] The company’s Gorgon and Wheatstone facilities account for about 7% of global liquefied-natural-gas supply. [ad_2] Source link
Woodside Energy CEO Upbeat About Resolving Labor Dispute
[ad_1] Woodside Energy is making good progress toward resolving a labor dispute in Australia that has jolted natural gas markets worldwide, Chief Executive Meg O’Neill said. [ad_2] Source link
Talking Markets: Natural-Gas Supply Worries Resurface Amid Threats of Strikes in Australia
[ad_1] Natural-gas prices in Europe surged as strikes in Australia continued to threaten global supply, highlighting volatility in the market despite gas storages in Europe being nearly full. [ad_2] Source…