Tamboran Resources Chairman Dick Stoneburner discusses LNG market dynamics in Australia, Asia and the Gulf Coast at Hart Energy's DUG Haynesville Conference in Shreveport, Louisiana.
Brent crude futures settled at $78.65/bbl, up 53 cents, and West Texas Intermediate U.S. crude settled at $73.20/bbl, gaining 39 cents.
With the offshore drilling market on a positive upswing, rig companies are trying to meet demand while adding the latest bells and whistles to their fleets.
While still facing some headwinds, Brent crude prices have recovered a portion of the significant downturn that occurred last week, ending the week at $74.99 after closing the previous week at $72.97.
China's oil refinery throughput this year is forecast to rise 7.8% as the country continues to rebuild its economy following strict COVID-19 controls, according to a think tank of state energy group CNPC.
ACEN’s UPC Power Solutions is acquiring eight wind assets in Texas from GlidePath with a total energy capacity of 136 megawatts.
As China reopens from uncompromising COVID protocols, Wood Mackenzie examines how the country’s GDP growth — even if it jumps to 7% — will likely keep oil prices stable.
Here’s a look at some of this week’s renewable energy news, including a $2.6 billion wind farm final investment decision.
Strong demand expectations from China capped decreases, with Goldman Sachs saying commodities demand was surging in China, the world's biggest oil importer.
Superior, an international provider of drilling, completion and production services and products, is exploring its options to boost value for shareholders, including through M&A.