By: Reuters – A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in...
By: KFOR – The Oklahoma Corporation Commission (OCC) held a meeting Tuesday morning in which one Commissioner claims there are “significant and...
By Jerry Bohen, OK Energy Today. Three years after Sunoco, Inc. was ordered to pay nearly $156 million for the oil it...
By: The Nevada Independent – Breaking with his Democratic predecessor and drawing criticism from environmental groups, Republican Gov. Joe Lombardo released an...
[Reuters] Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short...
From Insider Monkey. In this article, we take a look at the 15 largest oil fields in the world and the size...
WASHINGTON, (Reuters) – It could take years for the United States to refill the Strategic Petroleum Reserve, the energy secretary told lawmakers...
By: CNBC – Nevada’s largest electricity provider has been approved for a $333 million project to develop a natural gas plant north...
By Jerry Bohen, OK Energy Today. The Arkoma Woodford Basin in eastern Oklahoma continues to yield successful wells for Tulsa energy company...
(Reuters) – As U.S. refiners rejigger operations to reflect declining domestic motor fuels demand in the next decade, they will seek to...
U.S. oil refinery margins have halved since the middle of 2022 but they are still at historically high levels and will be supported through the summer of 2023 by high operating rates and low fuel stocks.
Gross margins for producing two barrels of gasoline and one barrel of distillate fuel oil from three barrels of crude have retreated to $33 per barrel from a record $60 at the start of June 2022.
Even at this reduced level, however, margins are in the 95th percentile for all trading days since 2001, which is underpinning refinery profitability and encouraging high levels of capacity utilization.
Benchmark U.S. crude oil for June delivery rose 44 cents to $71.99 a barrel Monday. Brent crude for July delivery rose 41 cents to $75.99 a barrel.
Wholesale gasoline for June delivery rose 7 cents to $2.65 a gallon. June heating oil rose 1 cent to $2.37 a gallon. June natural gas fell 19 cents to $2.40 per 1,000 cubic feet.
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...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
The race to lower costs and accelerate production timelines in the Permian Basin has...
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