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hurricane Hanna

U.S. state of Texas suffers double whammy of coronavirus, Hurricane Hanna

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Hanna, the first hurricane of the 2020 Atlantic hurricane season, made landfall Saturday on the southern coast of Texas, bringing heavy rains and flooding...
An oil tanker sits offshore in the San Francisco Bay Area, the United States, April 26, 2020. More than 30 oil tankers carrying over 20 million barrels of crude oil are parked between Long Beach and the San Francisco Bay Area. (Photo by Li Jianguo/Xinhua)

U.S. crude oil refinery inputs decrease last week

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U.S. crude oil refinery inputs decreased during the week ending July 17, the U.S. Energy Information Administration (EIA) said Wednesday. U.S. crude...
File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

U.S. crude oil inventories increase last week

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U.S. crude oil inventories increased during the week ending July 17, the U.S. Energy Information Administration (EIA) said in a report on Wednesday. ...
jailed

More than 500 inmates in U.S. Texas prison test positive for COVID-19

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The number of confirmed COVID-19 cases at a federal medical prison in the southern U.S. state of Texas surged to 510 on Tuesday, the...
Oil

U.S. crude oil inventories up last week

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The American Petroleum Institute (API) on Tuesday reported an increase of 7.544 million barrels of crude oil in the U.S. crude oil inventories for...
Photo taken on June 20, 2020 shows a roller coaster at the reopened Six Flags Fiesta Texas in San Antonio, Texas, the United States. The famous Six Flags Fiesta Texas reopened to public on June 19. Due to COVID-19 pandemic, the park was closed since mid-March. (Photo by Lie Ma/Xinhua)

U.S. Navy teams deployed in Texas to combat COVID-19

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U.S. Navy teams began to be deployed in Texas to help combat the spread of COVID-19, Texas Governor Greg Abbott said on Sunday. ...
Photo taken on Sept. 18, 2019 shows U.S. dollar banknotes in Washington D.C., the United States. U.S. Federal Reserve on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slowdown, following a rate cut in July that was its first in more a decade. (Xinhua/Liu Jie)

U.S. job openings, hires increase in May

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The U.S. Department of Labor announced Tuesday that the number of job openings and hires increased in May, reflecting a limited resumption of economic...

No public activity, access to July 4 celebration in U.S. Houston

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There is no public activity and access to the annual Houston Fourth of July celebration Saturday night as COVID-19 continues its rapid spread in...
U.S. Energy Information Administration (EIA)

Uncertainties to remain in energy market due to COVID-19

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The U.S. Energy Information Administration (EIA) on Tuesday forecast that uncertainties related to the COVID-19 pandemic will remain because the effects on energy markets...
Gas prices are displayed at a BP gas station in the Brooklyn borough of New York, the United States on April 9, 2020. The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as OPEC+, reached on Thursday a tentative agreement to cut production to stop a market free-fall amid the coronavirus pandemic, pending the consent of Mexico. (Photo by Michael Nagle/Xinhua)

Number of active U.S. drilling rigs decreases this week

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The number of active drilling rigs in the United States decreased by 57 to 408 this week, down by 582 year on year, according...
File photo taken on March 12, 2019 shows operating oil pumps in Luling of Texas, the United States. U.S. oil prices turned negative on April 20, 2020. West Texas Intermediate crude for May delivery shed more than 300 percent to settle at -37.63 U.S. dollars per barrel on the New York Mercantile Exchange. (Xinhua/Wang Ying)

Special team formed to help recover U.S. Texas oil industry

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A special task force was formed Tuesday to help recover the hard-hit oil industry in the U.S. state of Texas. The formation...
Greg Abbott

500,000 jobs listed online for Texas – Greg Abbott

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U.S. Texas Governor Greg Abbott announced that nearly 500,000 job openings are currently listed online to help those affected by the COVID-19 pandemic. ...
tornado

Storms and tornadoes cause damage in southern U.S.

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Damaging storms and tornados destroyed homes, toppled trees and knocked out electricity across several areas of U.S. state of Louisiana Sunday morning, local media...
petroleum revenue

Oil field services jobs could reduce by 20 percent due to low prices, pandemic

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One out of five oil-field services jobs could disappear this year as decades-low prices and the COVID-19 pandemic hammers the industry, U.S. local newspaper...
Oil

U.S. crude oil inventories up last week

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The American Petroleum Institute (API) on Tuesday reported an increase of 1.7 million barrels of crude oil in the U.S. crude oil inventories for...
Oil

U.S. crude oil production grows 11 percent in 2019

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Annual U.S. crude oil production reached another record level at 12.23 million barrels per day in 2019, or 11 percent more than 2018 levels,...
novel coronavirus

Discharged COVID-19 patient brought back into isolation after testing positive, U.S. CDC confirms

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The U.S. Centers for Disease Control and Prevention (CDC) confirmed Sunday that they have brought back a COVID-19 patient who had been released from...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

Weekly oil prices slump amid growing concerns over demand destruction

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Oil prices plunged for the week ending Feb. 28 with the prices of West Texas Intermediate (WTI) for April delivery down 16.15 percent and...
petroleum revenue

Weekly oil prices extend gains amid supply risks, China’s incentive measures

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Oil prices extended gains for the week ending Feb. 21 with the prices of West Texas Intermediate (WTI) for April delivery up 2.03 percent...
oil

Number of active U.S. drilling rigs increases this week

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The number of active drilling rigs in the United States increased by one to 791 this week, down by 256 year on year, according...
oil-gas refinery

EIA revises down forecast for oil prices in 2020

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The U.S. Energy Information Administration (EIA) on Tuesday forecast Brent crude oil spot prices would average 61 U.S. dollars per barrel in 2020, compared...
crude oil

EIA expects OPEC to further cut crude oil production in 2020

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The U.S. Energy Information Administration (EIA) on Tuesday forecast that the Organization of the Petroleum Exporting Countries (OPEC) will reduce crude oil production in...
The Walmart store in Hayden

At least 3 people shot at Walmart in U.S. Arkansas

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Three people were shot Monday morning inside a Walmart in the U.S. state of Arkansas, and one suspect was killed by police. ...
petroleum revenue

Oil prices see biggest monthly loss since May amid demand pessimism

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Oil prices fell for the week ending Jan. 31 with the price of West Texas Intermediate (WTI) for March delivery down 4.85 percent and...
crude oil tanker

Crude oil prices head for large monthly loss

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Both West Texas Intermediate (WTI) for March delivery and Brent crude for March delivery fell during the week, heading for big monthly loss on...
oil-gas refinery

Weekly oil prices plummet amid growing concerns over demand

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Oil prices dived for the week ending Jan. 24 with the price of West Texas Intermediate (WTI) for March delivery down 7.43 percent and...
Explosion

2 confirmed dead in Houston explosion

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At least two people were confirmed dead in the large explosion at an industrial facility in the U.S. city of Houston early Friday morning,...
OPEC

OPEC crude oil production to average 29.6 million barrels per day in 2020

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Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) will average 29.6 million barrels per day (b/d) in 2020, down by...
oil-gas refinery

U.S. production of crude oil, natural gas forecast to increase in 2019, 2020

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U.S. production of crude oil and dry natural gas will increase in 2019 and 2020, according to a report released Tuesday by U.S. Energy...
Ethiopian Airlines

Ethiopian Air starts thrice-weekly Houston Flights in December

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Africa’s leading carrier, Ethiopian Airlines, has finalised preparations to launch a thrice-weekly flight to Houston, Texas from December 16, this year. ...