By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors, energy companies in the Federal Reserve’s 11th District...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that,...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside the OPEC+ alliance, especially if Brent crude falls...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil industry. Any country that continues to buy oil...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy, such as wind and solar, comes with a...
The United Arab Emirates is making a major financial play in the United States, announcing a $1.4 trillion investment framework over the...
A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the environmental campaign group to pay over $660 million...
By Alex Kimani| OilPrice.com | Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers...
Crowley has officially raised the U.S. flag on American Energy, marking the beginning of operations for the first domestic liquefied natural gas...
Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, SOTE and OCP, halted flows due to worsening erosion in the Amazonian province of Napo. The company suspended activities this week to prevent further damage to critical infrastructure as erosion along the Coca River continues to threaten oil transport lines and the Coca Codo Sinclair hydroelectric plant, Ecuador’s largest.
Crude oil prices fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as part of a continuing effort to reclaim market share by lowering prices.
Meanwhile, U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
U.S. drivers may pay the lowest Independence Day prices for gasoline at the pump since 2021, as easing tensions between Israel and Iran have helped pull oil prices lower. However, whether cheaper fuel prices will persist for the rest of the summer is a bit harder to predict.
Heightened production from the Organization of the Petroleum Exporting Countries and its allies (OPEC+), along with trade-policy concerns, have muted the “typical springtime rise in prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Earlier this week, the average price for regular unleaded gasoline was $3.155 a gallon, according to GasBuddy. That’s up 6.2 cents a gallon from a month ago, but down 34 cents from a year ago.
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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