By: CNBC – A surprise decision by several OPEC+ producers to voluntarily cut output earlier this month had pushed analyst oil price...
By: Reuters – Russian Deputy Prime Alexander Novak said on Thursday the OPEC+ group of leading oil producers saw no need for...
By Darren Barbee, The Oil and Gas Investor. | NGP-backed Elk Range Royalties has acquired certain Eagle Ford Basin mineral and royalty...
By: Reuters – Texas crude is set to assume a key role in the world’s most important benchmark – Brent – as...
A Hart Energy Story | Private equity firm NGP continues to partner with Wing Resources in pursuit of mineral and royalty deals...
By: Reuters – The European Union launched a scheme on Tuesday for European companies to place orders to jointly buy gas, with...
As the first quarter of the year comes to a close, US fuel manufacturers are anticipated to report increased earnings due to...
By Chris Matthews, Hart Energy: Following a record year of dealmaking for oil and gas minerals and royalties in 2022, experts say...
Story by Patrick McGee, Hart Energy. After a multiyear hiatus, private equity is returning to upstream oil and gas, with the likelihood of...
In a proactive effort to address the issue of abandoned oil and gas wells, the New Mexico State Land Office has plugged...
The energy sector kicked off 2023 mixed to lower, pressured by weakness in the underlying commodities but supported by low conviction strength in the major equity futures.
WTI and Brent crude oil futures are lower in early trading, weighed down by weak demand data out of China and a gloomy economic outlook. The Chinese government raised export quotas for refined oil products in the first batch for 2023, with traders attributing the increase to expectations of poor domestic demand amid the waves of COVID-19 infections. In further bearish news, China's factory activity shrank in December as surging infections rates disrupted production, also dampening demand. Adding to the gloomy economic outlook, IMF Managing Director Kristalina Georgieva said on Sunday that the United States, Europe and China - the main engines of global growth - were all slowing simultaneously, making 2023 tougher than 2022 for the global economy.
Natural gas futures are down a further 9% to start the year, as warmer forecasts drove the front month lower for the fourth-consecutive session.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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....
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
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