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Oil Falls After Week of Rallies

Oil fell after futures crossed into overbought territory, though crude still notched a weekly gain amid shrinking US stockpiles and signs of rising fuel demand.

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French Senate Committee Calls for Immediate Ban of Russian LNG

'Our country must include Russian LNG in energy products under European sanctions and stop imports of Russian LNG as soon as possible'.

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BP Scales Back Biofuels Investment at Germany, US Sites

The company won't proceed with plans for stand-alone biofuels production units at its Cherry Point refinery in the US and its Lingen plant in Germany.

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Russian Refineries Targeted in Overnight Drone Swarm Attack

Four refineries in southern Russia were targeted overnight, with one suffering damage.

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UK Banks No Longer Finance Nation's Small Oil and Gas Producers

'The future of the North Sea is now dependent upon the US banks or Norwegian banks and not on the UK banks'.

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Embattled Oil Tycoon OK Lim Seeks $32MM Mansion Sale

A disgraced Singapore oil tycoon is seeking to sell another of his mansions.

FEATURED STORY EIA Increases 2024 USA Crude Oil Production Forecast Friday, June 21, 2024 - In its latest short-term energy outlook, the U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2024. www.rigzone.com

Oil & Gas Jobs and News. Rigzone Empowers Professionals in Oil and Gas

Search Oil & Gas Jobs. Read the latest Oil & Gas News. Rigzone is the World's leading resource for Oil & Gas jobs, news, events, and training.

Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced that the 150-megawatt (MW) South Cheyenne Solar Facility in Laramie County, Wyoming, is now operational. www.southerncompany.com

Southern company has engaged Sightline Climate, a leading climate technology market data and insights platform, to help accelerate the deployment of climate technology. www.southerncompany.com

Culture constitutes an essential element of social and political liberation. As people rise up across the Middle East and North Africa, the diversity of their cultures is not only the means but also the ultimate goal of their liberation and their freedom.