Callon Petroleum Company has announced two definitive agreements that will consolidate and refocus its operations, speed up the attainment of its debt...
By: CNBC – British oil giant Shell on Thursday posted a stronger-than-anticipated first-quarter profit, extending a record run of bumper results after...
Story by Jerry Bohnen, OK Energy Today. Despite losses in Oklahoma’s oilfield activity in the past few weeks as reported by Baker...
By: Idaho Capital Sun – Members of the U.S. Senate Energy and Natural Resources Committee used a Tuesday hearing on the Interior...
DUBAI, May 3 (Reuters) – Iran seized a second oil tanker in a week on Wednesday in Gulf waters, the U.S. Navy...
By: KOSU – Rep. Mark McBride, R-Moore, authored House Bill 2561, which exempts the natural gas industry from the rule. He said...
Story By Irina Slav for Oilprice.com. The end of oil and gas is nigh. In a decade or so, demand will begin...
Story by Andreas Exarheas | RigZone. For the most part, oil and gas professionals are not worried about artificial intelligence (AI). That’s according...
Story by Nissa Darbonne|Oil and Gas Investor. OPEC members hope their 1.16-MMbbl/d cut will get Brent to more than $90, said Scott...
By: CNBC – BP is bracing itself for a shareholder revolt at its annual general meeting on Thursday — some of the...
The energy sector is off to a higher start, supported by strength in the crude complex but weakness in the broader equity futures is keeping a cap on sentiment. The major averages are set to open in negative territory following the release of U.S. jobs data that came in hotter than expected.
WTI and Brent crude oil are higher for the fourth-consecutive day amid concerns over tight supply just as a winter storm hits the United States. The drop in stockpiles as shown in yesterday’s EIA report comes as demand for heating oil is set to soar with a powerful winter storm hitting the United States. The storm is expected to bring sub-zero wind chills as far south as Texas and record-breaking forecast for Florida and the eastern states. In international news, Russian crude oil exports via the Transneft system - including pipelines and key outlets on the Baltic and Black seas as well as on the Pacific Ocean - might drop by 575,000 b/d in the first three months of 2023 compared to what was scheduled for the October-December period.
Natural gas futures slipped lower in early trading as forecasts for warmer weather over the next two weeks in key consuming regions outweigh concerns over the incoming winter storm.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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