oil industry - Search News

Oil prices decline

MarketWatch on MSN · 4h

Oil prices decline after industry data shows rise in crude inventories

Oil futures fell Wednesday after official U.S. data revealed a weekly rise in commercial crude inventories, following nine consecutive weekly declines.

Reuters on MSN · 13h

Oil prices tick lower on rising US inventories, Libyan output

Oil prices dipped on Wednesday, giving up some of last session's gains, as a rise in U.S. crude stockpiles and easing worries over Libyan supplies weighed, although potential U.S. tariffs on Canadian and Mexican imports checked losses.

Oil prices steady as investors weigh impact of Trump tariffs

Oil prices steadied on Wednesday as investors weighed the impact of potential U.S. tariffs on Canadian and Mexican imports, while largely shrugging off an increase in U.S. weekly crude inventory. Brent crude futures fell 2 cents to $77.

Russian oil facility on fire

Ukrainian Drones Flew 500 Miles And, In A Single Strike, Damaged 5% Of Russia’s Oil Refining Capacity

Late Tuesday night or early Wednesday morning, Ukrainian drones struck the Nizhny Novgorod oil refinery in Kstovo, in central Russia 520 miles from the front line in northern Ukraine. The blasts triggered what the Ukrainian general staff in Kyiv described as a “powerful” fire that burned through the early morning.

Russian oil facility on fire after Ukraine drone strike

Russian petrochemicals giant Sibur said it had temporarily suspended operations at its plant in Kstovo, in the Nizhny Novgorod region, on Wednesday morning (January 29) after debris from a Ukrainian drone sparked a fire overnight.

U.S. News & World Report · 21h

Ukraine Drone Attacks Target Russian Power, Oil Facilities, Officials and Media Say

Ukraine launched waves of drone attacks targeting oil and power facilities in western parts of Russia overnight, officials and media outlets reported on Wednesday. Debris from a destroyed drone sparked a fire at an industrial facility in Kstovo,

7h

US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says

Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but ...

2d

Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...

5h

Upstream Oil & Gas Mergers Hit Yearly Low In 4th Quarter, 2024

Upstream oil and gas industry mergers and acquisition activity during 2024 came to a robust $105 billion in total deal value ...

5d

Oil industry unlikely to rush to Alaska despite Trump's call to drill

U.S. oil and gas companies are unlikely to expand development in Alaska and the Arctic following President Donald Trump's ...

1don MSN

California considers letting victims of natural disasters sue oil companies for damages

Oil and gas companies would be liable for damages caused by climate change -related disasters in California under legislation ...

2d

Oil Executives Fume as Trump Shakes Up Climate Rules Again

Big Oil faces an unexpected dilemma as Trump's reversal of Biden's climate policies jeopardizes their costly transition ...

7don MSN

How the oil industry and growing political divides turned climate change into a partisan issue

After four years of U.S. progress on efforts to deal with climate change under Joe Biden, Donald Trump's return to the White ...

13don MSN

Here's what Trump could do to boost the oil and gas industry on day one of his new term

President-elect Trump is gearing up to support the oil and gas industry by directing agencies to unwind climate rules ...

Study pegs potential $9 billion tax impact for CO2 in North Dakota oil wells

Injecting carbon dioxide into oil wells to enhance oil recovery could have significant economic impacts for North Dakota, ...

2d

California lawmakers want oil companies to be liable for natural disasters

Two Democratic California state senators on Monday will announce a proposal allowing the victims of natural disasters and ...

1don MSN

‘Landman’ fact-check: What did the Season 1 finale of the Paramount+ show get wrong about Texas oil?

Paramount+’s show, “Landman,” put a spotlight on Texas oil country throughout its first season, featuring a foul-mouthed ...

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