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Colorado wildfires: Oil Springs and Muddy Slide fires continue to grow with no containment

06/24/2021 Comments Off on Colorado wildfires: Oil Springs and Muddy Slide fires continue to grow with no containment

In western Colorado, the Oil Springs Fire grew to nearly 19 square miles Wednesday, growing in one day more than the total amount of any other fire in the state.

World News

Oil drops as investors gauge big chill impact on U.S. refineries

02/19/2021 Comments Off on Oil drops as investors gauge big chill impact on U.S. refineries

FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File PhotoMELBOURNE (Reuters) – Oil

Business

Feds postpone oil, gas lease auction on lands that include parcels near Chimney Rock National Monument

02/14/2021 Comments Off on Feds postpone oil, gas lease auction on lands that include parcels near Chimney Rock National Monument

Federal officials have postponed the sale of oil and gas leases on public lands that had raised concerns about the prospect of drilling near the Chimney Rock National Monument and

World News

Niger Delta oil spills: Dutch court rules Shell Nigeria responsible

01/29/2021 Comments Off on Niger Delta oil spills: Dutch court rules Shell Nigeria responsible

Oil giant Shell’s Nigerian subsidiary is responsible for oil pipeline leaks in the Niger Delta, a Dutch appeals court has ruled. It was ordered to pay unspecified damages to farmers

World News

Oil giant Shell to axe up to 9,000 jobs in cost-cutting shake-up

09/30/2020 Comments Off on Oil giant Shell to axe up to 9,000 jobs in cost-cutting shake-up

Oil giant Royal Dutch Shell has announced plans to cut up to 9,000 jobs as part of a cost-cutting shake-up. The restructuring is part of the company’s efforts to adapt

Business

Iranian fuel seized by U.S. to reach Texas within days: sources

09/08/2020 Comments Off on Iranian fuel seized by U.S. to reach Texas within days: sources

LONDON/MEXICO CITY (Reuters) – Iranian fuel that the United States seized last month while it was being transported to Venezuela is now being taken to Texas by two tankers due

World News

Oil prices fall on demand fears as U.S. summer driving season ends

09/08/2020 Comments Off on Oil prices fall on demand fears as U.S. summer driving season ends

MELBOURNE/SINGAPORE (Reuters) – Oil prices fell on Tuesday amid concerns over fuel demand as the peak U.S. driving season drew to a close and the U.S. Labor Day long weekend

Business

Oil and gas industry supports more control for Colorado’s local governments as COGCC revamps rules

08/26/2020 Comments Off on Oil and gas industry supports more control for Colorado’s local governments as COGCC revamps rules

After years of beating back attempts by local governments to regulate oil and gas, industry representatives spoke out Tuesday in favor of local control in response to proposed statewide rules.

Business

Exclusive: OPEC+ needs to fix daily oversupply of more than two million barrels, document shows

08/20/2020 Comments Off on Exclusive: OPEC+ needs to fix daily oversupply of more than two million barrels, document shows

MOSCOW/DUBAI/LONDON (Reuters) – Some members of the OPEC+ group of oil-producing nations would need to slash output by an extra 2.31 million barrels per day (bpd) to make up for

Business

Venezuela coast could take half a century to recover from oil spill, researcher says

08/19/2020 Comments Off on Venezuela coast could take half a century to recover from oil spill, researcher says

CARACAS (Reuters) – A strip of Venezuela’s western coastline boasting pristine beaches and fragile ecosystems like mangroves and coral reefs could take more than half a century to fully recover

World News

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