Oil & Gas Industry News

Total (NYSE: TOT) has noted that it is concerned with the current situation in Myanmar.

The market is pricing in a strong short-term deficit, according to oil trader Vitol Group.

"The earth is here to provide for us," Haaland told the Senate Energy and Natural Resources Committee.

Oil rose toward $63 a barrel with investment banks and traders predicting the market will tighten further and push prices higher.

Trafigura Group sees oil markets firming in the coming months.

Oil surged as traders and investment banks see global supplies rapidly tightening.

Deb Haaland's opposition to fracing, early endorsement of the Green New Deal, and participation in oil pipeline protests have raised concerns.

The North Sea oil price that serves as a benchmark for millions of barrels of physical crude transactions each day will from next year be set partly through buying and selling of U.S. cargoes.

Texas Governor Greg Abbott announced Sunday that he is working with members of the legislature to address 'skyrocketing' energy bills that resulted from a temporary spike in the energy market.

The Secretary-General of the International Maritime Organization has expressed his deep concern about the escalation in the number and severity of attacks on ships and crew in the Gulf of Guinea region.