May 26 (Reuters) – The U.S. oil and gas rig count fell by 44 this month, the biggest drop in three years,...
In the shadow of the Permian Basin, Citizen Energy, an Oklahoma company busy in the Anadarko Basin, portrayed itself as a “great...
A “generational gamechanger.” ~Stillwater state Rep. John Talley Story By Jerry Bohnen |OK Energy Today| It’s what Stillwater state Rep. John Talley...
BY Pietro Pitts|HART ENERGY|FORT WORTH, Texas – Double Eagle IV has expanded its Permian Basin leasehold to about 40,000 acres and is...
Story By Zoltan Ban. |Seeking Alpha| Investment thesis: Chesapeake (NASDAQ:CHK) seems like a very obvious bet as the US competes for dominance of...
By: CNBC – Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to “watch out,” reiterating his warning that...
Story By David Uberti |The Wall Street Journal| The U.S. government’s attempt to refill the skyscraper-sized caverns that hold the country’s emergency...
Story by Andreas Exarheas|Rigzone| Two-thirds of North America is at risk of energy shortfalls this summer during periods of extreme demand, the...
On Monday, Chevron Corp (CVX.N), one of the largest oil companies in the U.S., announced it would be expanding its American oil...
The Norwegian government is calling on energy giants to ramp up oil and gas exploration projects in remote regions like the Arctic...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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