By: YahooNews – Oil giant BP released a report Monday predicting that the world would sharply reduce its reliance on the company’s...
OilPrice.com. Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency...
Story Credit: Kevin Robinson-Avila, Albuquerque Journal, N.M. Canadian company Eavor Inc. drilled an 18,000-foot well bore this past fall in southwest New...
(Bloomberg) — A billionaire seeking to build a resort with luxury homes in the Texas Hill Country is facing off against neighbors...
Story by Michael Hawthorne, Chicago Tribune. Oil refineries are dumping massive amounts of toxic chemicals, heavy metals and pollution into the Great...
By: Bloomberg – US President Joe Biden is nearing a critical decision on a massive proposed oil project in northwest Alaska that...
By: Hellenic Shipping News – Argentina posted record production of shale oil in December, the energy ministry said on Tuesday, as the...
From Hart Energy. Halliburton Co. reported a 21% hike in quarterly net income to $656 million on Jan. 24, beating analysts’ estimates...
By: The Dallas Morning News – Consolidation in the Texas Oil Patch is gaining momentum this week after Dallas-based Matador Resources Co....
Story Credit: Yahoo News. At a White House press briefing on Monday, Energy Secretary Jennifer Granholm was asked by Yahoo News to...
Benchmark U.S. crude oil for May delivery rose 9 cents to $80.70 a barrel Thursday. Brent crude for June delivery rose 13 cents to $85.12 a barrel.
Wholesale gasoline for May delivery fell 1 cent to $2.81 a gallon. May heating oil fell 7 cents to $2.66 a gallon. May natural gas fell 14 cents to $2.01 per 1,000 cubic feet.
The energy sector is off to a mixed to higher start, supported by mild strength in the crude complex while the major equity futures trade near the flatline. Futures tracking the benchmark S&P 500 index extended declines as stronger-than-expected weekly jobless claims data deepened fears of a recession due to a rapid rise in interest rates.
WTI and Brent crude oil futures edged higher and remain on track for a weekly gain as further production cuts targeted by OPEC+ and a drop in U.S. oil inventories overshadowed fears over global economic growth. The U.S. services sector slowed more than expected in March while U.S. job openings in February dropped to their lowest in nearly two years, putting a cap on gains.
Natural gas futures are down in early trading, pressured by forecasts for milder weather and lower heating demand over the next two weeks than previously expected.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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