(Bloomberg) -- The Trump administration is moving to expand the territory open for oil exploration in Alaska’s National Petroleum Reserve, a process that could shift drilling rigs closer to herds of caribou and flocks of threatened birds.
January West Texas Intermediate (WTI) crude oil futures declined by $3.77 Tuesday to settle at $53.43 a barrel.
On Tuesday, the American Automobile Association (AAA) reported that average U.S.
The global floating oil rig flanges gulf coast production buy Wellhead market has stirred back to life after enduring a couple of years in virtual hibernation during the downturn.
The U.S. shale oil revolution continues to defy the skeptics, and the country is now producing a record 11 million barrels per day (MMbpd) of crude.
Papua LNG Project members Total, ExxonMobil and Oil Search have signed a memorandum of understanding (MoU) with the Independent State of Papua New Guinea (PNG) defining the key terms of the project’s gas agreement, Total reported Friday.
(Bloomberg) -- Oil prices gained ground as traders weighed countervailing signals about how much OPEC and its allies can afford to trim production.
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