US Shale Operators Not Capitalizing On High Crude Prices
US shale oil producers are in line to suffer more than $10 billion in derivative hedging losses this year if oil prices remain around $100 per barrel.
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Goldman Says Iran Nuclear Deal Is Unlikely
A deal to revive a nuclear agreement between Iran, the EU and the US is unlikely to be struck in the near term, according to Goldman Sachs.
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Altera Starts Chapter 11 Process To Ease Debt Restructuring
Altera Infrastructure started the Chapter 11 process in the US Bankruptcy Court for the Southern District of Texas to help the balance-sheet restructuring.
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Oil Falls to Lowest Level in Six Months
Oil settled at the lowest in more than six months as traders weighed the prospects for increasing Iranian crude exports with a worsening outlook for global economic growth.
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US Forms New Offices To Deploy Clean Power Nationwide
The U.S. Department of Energy has launched two new program offices – the Grid Deployment Office and the Office of State and Community Energy Programs.
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What Would Iran Deal Mean for Oil?
When sanctions were eased following the 2015 deal, Iran's crude output was restored more quickly and more completely than analysts had predicted.
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PetroChina and Sinopec to Delist AD Shares from NYSE
PetroChina and Sinopec said they intend to file a Form 25 with the SEC on, or about, August 29 to delist their ADSs from the NYSE.
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Williams, PennEnergy To Market Low Emissions Next-Gen Gas
Williams and PennEnergy Resources have agreed to support the marketing and delivery of certified, low emissions next-gen natural gas.
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H2NorthEast Project Gets Government Approval To Move Forward
Kellas Midstream said the H2NorthEast development on Teesside is one of four low carbon hydrogen projects progressing to the next stage of the BEIS Phase-2 Cluster Sequencing Process.
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BP Exiting Mexican Oil Assets
BP is seeking to get rid of its oil assets in Mexico amid a shift in its business strategy.