Story by James Osborne, Houston Chronicle. WASHINGTON – U.S. grid operators are raising alarms the power grid is becoming less reliable and...
In the wake of a 4.0 magnitude earthquake, along with several smaller tremors in Lincoln County, Oklahoma, the Oklahoma Corporation Commission (OCC)...
By: Reuters – EnCap Investments is exploring the sale of two Permian basin-focused oil and gas producers that could collectively fetch the...
The latest oil and gas rig count provided by Baker Hughes Co. offers yet another indication of a slowing economy as numbers...
By: Texas Tribune – The Texas Senate on Wednesday approved two major bills aimed at building more on-demand power generators such as...
The Mexican government has agreed to purchase 13 power plants from Spanish energy giant Iberdrola in a deal worth $6 billion. President...
By: Reuters – The U.S. and EU pledged on Tuesday to confront any attempts to destabilize global energy markets, after meeting in...
By: Oilandgas360 – Vermilion Energy Inc. (“Vermilion”) (TSX: VET) (NYSE: VET) is pleased to announce the closing of the acquisition of Equinor...
By: Reuters – U.S. natural gas prices last week plunged to a 30-month low, crossing below $2 per million British thermal units...
Ovintiv Inc (OVV.N) is said to be close to finalizing a deal to acquire oil exploration and production assets in the Permian...
TOKYO (Reuters) - Oil prices rose on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what the producer group would do next on supply cuts while also monitoring tension in the Middle East.
Brent crude futures climbed 12 cents, or 0.2%, to $72.43 a barrel by 0103 GMT while U.S. crude futures were at $68.70 a barrel, up 16 cents, or 0.2%. Both benchmarks fell nearly 2% on Wednesday.
The Organization of the Petroleum Exporting Countries and its allies in OPEC+ are likely to extend their latest round of oil production cuts by at least three months from January when it meets online at 1100 GMT on Thursday, OPEC+ sources told Reuters, to provide additional support for the oil market.
The market's momentum persisted even after Federal Reserve Chairman Jerome Powell cautioned against hasty interest rate cuts, citing the strong economy. Upcoming economic indicators, particularly the November nonfarm payrolls report expected to show around 200,000 jobs added, could further influence market sentiment. Meanwhile, Treasury yields declined following softer-than-expected data on the U.S. services sector and private industry job growth.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
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...
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,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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