The EIA has reported on the factors which fed into the WTI crude oil futures prices dropping below zero.
BP and Hilcorp have successfully renegotiated the financial terms of BP’s sale of its Alaska business.
The EIA has reported that COVID-19 mitigation efforts have resulted in the lowest US petroleum consumption in decades.
According to GlobalData, the WTI May futures and oil storage issues with have a rippling effect on global markets.
The EIA has reported that total energy exports exceeded imports in 2019 for the first time in 67 years.
Air Products has announced the completion of its acquisition of five hydrogen plants from PBF Energy.
Rystad Energy has reported that US crude stock builds have broken records as refinery runs are forecast to fall by 3.8 million bpd.
The EIA has released information about its two weekly reports which track retail prices for gasoline, diesel, and residential heating fuels.
ExxonMobil has announced that it has carried out field tests of eight methane detection technologies in Texas and New Mexico.
Continued production and collapsing demand means that the US is set to fill one third of its available crude storage in April, according to Rystad Energy.