MEXICO CITY (Reuters) – The leaders of the United States, Canada and Mexico are due to hold a summit next week, where...
RigZone.com. BP plans to invest $7 billion in its Gulf of Mexico business by 2025, according to a new report published by...
From Barron’s. Shell, Europe’s largest oil and gas company, said it will have to pay about $2 billion in additional taxes in the...
From Reuters: OPEC will likely take steps to boost oil prices, which started the year in free-fall, the chief executive of top shale producer Pioneer...
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From Hart Energy. Talos Energy kicked off 2023 with the announcement of commercial deepwater discoveries in the Gulf of Mexico that will...
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By: The Dickinson Free Press – Billionaire businessman Harold Hamm has donated $50 million to the group behind the planned Theodore Roosevelt...
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Prior to the pandemic-induced downturn in world oil production, U.S. oil production growth was responsible for 98 percent of the increase in world...
The energy sector is off to a mixed to higher start supported by mild gains in the crude complex while major equity futures steadied this morning as traders look ahead to a fresh round of economic data on housing and consumer confidence.
Following three consecutive days of declines, WTI and Brent crude oil futures inched higher this morning and are currently up ~0.20% in early trading, lifted by growing expectations that OPEC+ will decide to extend or even deepen supply cuts at their upcoming meeting, weakness in the dollar and a drop in Kazakh output. Prices however pulled off their highs on rumors that the talks among the OPEC+ members remain difficult and that another delay to the semiannual meeting is possible. Analysts polled by Reuters estimated that the latest round of weekly U.S. supply reports will show crude inventories fell by about 2 million barrels.
Natural gas futures extended their slide lower for the third-straight session, continuing to reel on reports showing record output levels and updated forecasts for some milder weather in key consuming regions that could stunt demand.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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