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Canada's oil sands industry reduced its emissions per barrel for the sixth straight year in 2023.
Oil rose as stronger than expected U.S. jobs data eased concerns about an economic slowdown that would crimp demand.
In its latest gasoline and diesel fuel update, the U.S. Energy Information Administration showed a declining price trend for U.S. regular gasoline and U.S. on-highway diesel fuel.
'I am very pleased to strengthen the energy partnership with the UK and our longstanding partner and customer Centrica,' Equinor President and CEO Anders Opedal said.
'These agreements represent progress against BP's strategy to grow long-term shareholder value', BP said.
Petronas, Malaysia's state-owned oil and gas company, will cut about 10 percent of its workforce in a firm-wide restructuring.
Oil rallied as signs the U.S.-China trade war may ease outweighed concerns about increased OPEC+ crude output.
Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until May 27 to wrap up work.
There have been two significant OPEC+ decisions in the past week, analysts at Standard Chartered Bank said.
Oil fell on signs Saudi Arabia wants another major production increase.
Saudi Aramco cut the price of its main oil grade to buyers in Asia.
BlackRock Inc. was removed from Texas' blacklist of companies that boycott fossil fuels.
In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, said the July natural gas contract 'extended its rebound to $3.722 yesterday'.
'[This] emergency order ensures that Michiganders and the greater Midwest region do not lose critical power generation capability as summer begins', U.S. Energy Secretary Chris Wright said.
Oil rose for a second day as supply disruptions from Canada's wildfires countered OPEC's latest bumper supply increase.
'Chevron aims to place as many employees as possible in other roles and is offering severance pay and transition assistance to those impacted', a company spokesperson told Rigzone.
North America dropped five rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and Iran.
Interior Secretary Doug Burgum announced the planned policy shift late Sunday at a town hall in Utqiagvik, a village on the Chukchi Sea coast.
Raging Western Canadian wildfires that have forced thousands of people from their homes are now also prompting evacuations from oilsands projects in northern Alberta.
You can choose to embrace it or ignore it. You can choose to pretend it does not apply to you. But the one thing you likely will not be able to do is work as a pipeline inspector without it after 2018. What is it you ask? It is the American Petroleum Institute Pipeline Inspector Certification; better known as the API 1169. Possibly a thorn in the side for many inspectors but for the industry it is a sure step forward in the right direction; joining the other sectors of oil & gas.
Questions surround the API 1169 exam requirements, purpose, and what individuals need to do in order to properly prepare for the certification that will likely keep them employed in their careers. Training options have been multiplying as the popularity of the API 1169 has hit the mainstream. Inspectors should perform their research and due diligence to adequately make an informed choice when it comes to the training course they attend.