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...
Story Credit, Natural Gas Intel. Natural gas futures probed both sides of even in early trading Thursday as traders braced for the...
By: Reuters – President Vladimir Putin said Russia would see higher oil and gas revenues by the end of the second quarter...
In earnings news, Kinder Morgan reported a 20.3% rise in quarterly adjusted profit on Wednesday as the U.S pipeline operator received a boost from jet fuel demand, with the company also benefiting from re-contracting some natural gas pipelines at a higher rate. The pipeline operator cashed in on the pent-up travel demand, which resulted in a 19% rise in jet fuel volumes transported in the second quarter. It said adjusted earnings for its natural gas pipelines were up 6% at $1.13 billion. The company also increased its dividend by 3%.
Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike stoked demand worries and returning oil supply from Libya eased supply concerns. Oil futures trading volumes have been thin and prices volatile as traders have to square weaker energy demand with tighter supply resulting from the loss of Russian barrels after the country's invasion of Ukraine. U.S. gasoline inventories rose by 3.5 million barrels last week, government data showed on Wednesday, far exceeding analyst forecasts. "U.S. gasoline demand is struggling to shift into top gear during the peak summer driving season," said PVM analyst Stephen Brennock.
Natural gas prices are off by 20 cents ahead of weekly inventory data. Analysts expect a build of 46 bcf.
Front-month Nymex natural gas (NG1:COM) for August delivery closed +10.2% to $8.007/MMBtu, its highest settlement since June 13 and up more than 47% so far this month.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Have your oil & gas questions answered by industry experts.