Story by Deon Daugherty |Hart Energy| In the early hours of May 28, 1923, an oil well that almost wasn’t roared to...
Ines Ferré·Markets Reporter |Yahoo Finance|. The imbalance between oil supply and demand is likely to reverse going into the summer, says one...
By: Reuters – The U.S. Department of Energy’s refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail...
Story by Theron Mohamed |Business Insider| Charlie Munger rakes in $70,000 a year from a $1,000 investment he made six decades ago...
Story by Theron Mohamed |Business Insider|Warren Buffett’s Apple bet has surged in value by almost 40% this year to $158 billion — an...
By: Investing.com – Storage. Storage. Storage. The natural gas market just can’t seem to get enough of storage. With gas inventories from two weeks...
(Reuters) – U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information...
By: Reuters – Spot natural gas prices for Wednesday at the Waha hub in the Permian Shale in West Texas fell into...
Story by Philip van Doorn |MarketWatch.com| Oil demand is likely to hold up longer than many people expect during the anticipated transition...
New research has highlighted the potential risk of tens of thousands of inactive offshore oil and gas wells remaining unplugged in the...
This week, U.S. energy firms added oil and natural gas rigs for the first time in three weeks, Baker Hughes reported as the combined oil and gas rig count rose by one to 620 in the week to Jan. 19.
U.S. oil rigs fell by two to 497 this week, their lowest since mid-November, while gas rigs rose by three to 120.
The U.S. combined count is still 151 less than a year ago when the total of oil and gas rigs was 771. In the past year, the decline included 116 oil rigs and 36 gas rigs.
Oklahoma slipped by one to 42 rigs, still far below the 64 rigs reported a year ago.
The energy sector is experiencing a mixed to higher start supported by mild strength in the crude complex and in the major equity futures. U.S. stock index futures climbed, as chip and megacap stocks continued their ascent, while the ongoing corporate earnings season and hints on the timing of interest-rate cuts dominated investors' watch list.
WTI and Brent crude oil futures are trading near the flatline after two consecutive sessions of gains as Middle East tensions and oil output disruptions caused by cold weather in the U.S. balanced concerns about the health of the Chinese and global economies. Although the Middle East tensions have not shut down any oil production, supply outages continue in Libya and about 40% of oil output in North Dakota remained shut due to extreme cold.
Natural gas futures are extending their slide for the fourth-straight day as record demand and shut-in production due to freeze-offs is more than offset by seasonally warmer forecasts for the back third of January.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
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