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...
Despite the 70% drop in the spot price of natural gas over the past year, industry leaders remain optimistic about the future....
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...
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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