By: Reuters – Germany and Oman are in advanced talks to sign a long-term deal for liquefied natural gas (LNG) lasting at...
Story by OilPrice.com. Crude oil prices spiked on Friday morning as Russia announced plans to cut its oil production by 500,000 bpd...
Story By Guy Faulconbridge and Vladimir Soldatkin (REUTERS). The Kremlin said on Feb. 9 the world should know the truth about who...
By: The Texas Tribune – The Teacher Retirement System of Texas has divested part of its massive pension fund from 10 financial...
James Hanlon, The Spokesman-Review, Spokane, Wash. Expect less precipitation and close to average temperatures as global weather patterns shift to an El...
By: BBC – Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil...
AUSTIN, Texas (AP) — Like thousands of other Austin residents, Darin Murphy began a sixth day Monday with no power in his...
By: Reuters – United Nations Secretary-General Antonio Guterres on Monday told fossil fuel producers they “should not be in business” unless they...
(Bloomberg) — Oil will rise back above $100 a barrel this year and may face a serious supply problem in 2024 as...
By: S&P Global – China’s refineries will cut clean oil product exports in February as domestic demand in January was better than...
King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment.
The announcement, made by Buckingham Palace on Monday evening, came a week after the 75-year-old sovereign was discharged from a London hospital, after a procedure to treat an enlarged prostate. The palace did not disclose what form of cancer he has but said the cancer was detected during that procedure.
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and major equity futures which are modestly lower as traders are cautious following Fed Chairman Powell’s hawkish tone last week.
WTI and Brent crude oil futures are adding to last week’s sharp losses as concerns over “higher-for-longer” interest rates and a higher dollar outweighs increasing geopolitical tensions in the Middle East. Over the weekend, the White House national security adviser said the U.S. intends to launch more strikes at Iran-backed groups in the Middle East. This comes as the U.S and Britain targeted Tehran-aligned factions in Iraq, Syria and Yemen over the past three days. The U.S Central Command also said they conducted strikes in self-defense against seven Houthi anti-ship missiles preparing to launch against vessels in the Red Sea. Elsewhere, two Ukrainian attack drones struck the largest oil refinery in southern Russia on Saturday which is the latest in a series of long-range attacks on Russian oil facilities.
Natural gas futures are lower as forecasts Sunday afternoon have everywhere West of the Rockies ex-TX, CO and NM experiencing above-normal temperatures.
So, you’ve just inherited mineral rights in Oklahoma and you’re thinking about selling. First...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Michigan Attorney General Dana Nessel is pushing back against President Donald Trump’s sweeping executive...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
The United States and Saudi Arabia have launched what is being described as a...
The global oil market is facing one of its most complex periods in recent...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two...
[Reuters] By Lisa Baertlein and Jarrett Renshaw | U.S. energy groups are asking President...
By Tsvetana Paraskova for Oilprice.com | The Rockefeller Foundation is launching a Coal to...
Story by Andreas Exarheas|RigZone.com| Global oil demand in early May indicates tepid year-over-year growth, analysts...
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