NEW DELHI/LONDON (Reuters) – U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as...
By: The New York Times – New intelligence reviewed by U.S. officials suggests that a pro-Ukrainian group carried out the attack on...
By: Reuters – U.S. energy executives and top OPEC officials on Monday discussed concerns about a lack of spare oil production capacity...
By – Reuters – Environmental groups sued the Biden administration on Monday to block the sale of oil and gas drilling rights...
By: Reuters – Guyana, the South American country that is home to the world’s largest oil discoveries in a decade, next wants...
Story from Michael Kern at OilPrice.com. Natural gas is a fossil fuel that has been used for centuries to power homes, businesses,...
By: Reuters – Oil prices slumped on Friday after the Wall Street Journal reported that the United Arab Emirates had an internal...
[Reuters] Deutsche Bank on March 2 tightened its coal financing policies but has yet to change its criteria for the oil and...
By: Evening Standard – US President Joe Biden is facing a dilemma in the fight over a large-scale oil project in Alaska. The Biden administration is...
By: Forbes – Calgary-based Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure-play Ranger Oil Corp....
The energy sector is off to a higher start, supported by strength in the crude complex and the major market futures which are up as investors wait for more third-quarter results.
WTI and Brent crude oil futures are kicking off the week in positive territory as market participants keep a close eye on the conflict in the Middle East to see if it escalates further. Israeli air strikes on Gaza intensified on Monday, after diplomatic efforts to arrange a ceasefire in southern Gaza to allow foreign passport holders to leave failed. Elsewhere, the United States last week imposed the first sanction on owners of tankers carrying Russian oil prices above the G7’s price cap of $60 a barrel. This afternoon the EIA will release its Drilling Productivity Report which will include updated shale oil production estimates for October and November.
Natural gas futures are trading lower on milder than normal weather and on estimates for a weekly storage build of 88 Bcf to 92 Bcf vs the 5-yr average of 85 Bcf.
Shell PLC shares hit a record high as rising energy prices and the new chief executive’s stronger focus on the core oil and gas business attracted investors.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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