On Wednesday, the German cabinet approved a bill prohibiting most new oil and gas heating systems from 2024, aimed at reducing greenhouse...
Mrinalika Roy – [Reuters] Companies with a focus on the oil-rich Permian Basin are likely to be at the center of the...
Intense competition among developers and rising costs are creating challenges for new liquefied natural gas (LNG) projects in the United States, even...
April 17 (Reuters) – Iraq’s federal government and the Kurdistan Regional Government (KRG) have ironed out technical issues essential to resuming northern...
Oil prices experienced a downturn on Monday as investors weighed the potential impact of a May interest rate hike by the U.S....
In Part 1 of our 3-Part series, we discussed the different types of mineral ownership, in Part 2 of our series we...
In Part 1 of our 3-Part series, we discussed the different types of mineral ownership. Today we will be discussing royalties, how...
ChatGPT. Story Credit, Habib Ouadi et al.: Journal of Petroleum Technology. The complex and dynamic nature of the oil industry calls for...
Importance of understanding mineral rights As a mineral owner, it is crucial to understand the concept of mineral rights and their role...
The Permian basin, which spans across Texas and New Mexico, is the largest shale oil basin in the country and has not...
WTI and Brent crude oil futures are trading higher and are on track to end the week largely unchanged as the market balanced supply fears against renewed economic concerns in the United States and China. Treasury Secretary Janet Yellen said that the U.S. faces financial and economic catastrophe if Congress fails to raise the debt ceiling and the U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high. Meanwhile, a decline in new loans to businesses in China and weaker economic data there earlier in the week refocused doubts about its recovery from COVID restrictions driving oil demand growth.
Natural gas futures are running flat to lower in early trading as the NOAA's 8-14 day outlook shows above-normal temps across parts of the Pacific NW and Great Basin, and for much of the West and Northern Plains, as well as the MS Valley and southern Atlantic states.
Energy stocks are set to open lower, tracking declining broader index futures and oil prices. Weekly jobless claims of 264,000 were the highest in 19 months, while embattled regional bank PacWest shares are down over 20% after reporting that deposits fell 9.5% last week. A potentially weakening labor market and further troubles in the regional banks are weighing heavily on risk sentiment.
Oil prices erased earlier gains on Thursday during U.S. trading hours as a political standoff about the U.S. debt ceiling overshadowed a G7 finance leaders' meeting, raising jitters about a possible recession in the world's biggest oil consumer.
Natural gas futures are lower by 1% ahead of weekly inventory data.
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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
Have your oil & gas questions answered by industry experts.