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....
Story by Filip De Mott. Business Insider. As much as 1.9 million barrels of Russian diesel have been put into floating storage...
By: HART Energy – Private equity firm Quantum Energy Partners is backing a new iteration of Bison Oil & Gas to pursue...
By: Reuters – Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil...
By: Reuters – Next month the European parliament is expected to vote on landmark legislation that would put a new onus on...
Story by Velda Addison. Hart Energy. American Electric Power Co. (AEP) has agreed to sell its unregulated renewables portfolio of wind and...
By: Reuters – U.S. oil and gas producer EOG Resources (EOG.N) on Friday said it had no plans to alter its strategy around...
The energy sector is off to a higher start, supported by strength in the crude complex. Meanwhile, the major equity futures are flat ahead of today’s central bank meeting where traders expect the Fed to keep rates unchanged.
WTI and Brent crude oil futures are recovering yesterday’s losses ahead of the keenly watched meeting of the U.S. central bank for clues on interest rate policy, falling treasury yields, and as the conflict in the Middle East escalates. Israel admitted to striking a refugee camp in Gaza which was being used as a command center by Hamas. An unconfirmed large number of civilians were killed and a number of world leaders have condemned the strikes. OPEC crude output rose by 180K bpd in October driven by Nigeria and Angola. EIA data is set to be reported today, following last night’s API reading which showed a crude build of 1.35 million barrels.
Natural gas futures are pulling back after yesterday’s sharp gains despite forecasts for cooler temperatures.
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
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