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Oil & Gas News Headlines | BOE Report Oil & Gas News, Activity, and Information

  • Freeport prepares to restart LNG exports
    on July 20, 2024

    A liquefied natural gas tanker was docked at the Freeport LNG terminal for the first time in almost two weeks on Friday evening, according to LSEG ship tracking data, likely signaling the resumption of exports of the superchilled gas from the second-largest LNG exporter. The docking of the Axios II follows Freeport LNG shutting its [Read more]

  • U.S. FTC probes Hess, Occidental execs over OPEC communication, Bloomberg reports
    on July 19, 2024

    The U.S. Federal Trade Commission is probing executives from major oil firms, including Hess Corp, Occidental and Diamondback Energy over their communications with OPEC officials, Bloomberg News reported on Friday, citing people familiar with the matter. Agency investigators are looking for evidence of executives attempting to collude with OPEC officials on oil market dynamics, the [Read more]

  • US drillers add oil and gas rigs for second time in three weeks, Baker Hughes says
    on July 19, 2024

    U.S. energy firms this week added oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by two to 586 in the week to July 19, its [Read more]

  • China Daily: Nation’s opening to further intensify
    on July 19, 2024

    BEIJING, July 19, 2024 /PRNewswire/ — China’s policymakers outlined details of the to-do list for the nation’s future opening-up on Friday, pledging initiatives to increase unilateral opening to least-developed countries and expanded access to the commodity, service, capital and labor markets in a well-paced manner. The priorities for the nation’s reform and opening-up until 2029 [Read more]

  • Ecopetrol informs of ongoing negotiations with Occidental Petroleum Corp.
    on July 19, 2024

    BOGOTÁ, Colombia, July 19, 2024 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that it is engaged in conversations with Occidental Petroleum Corp. (OXY) oriented to consider the potential acquisition by Ecopetrol of a certain percentage of assets owned by CrownRock, a company located in the United States. The percentage of the assets and [Read more]

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