By: Reuters – The West’s top energy firms are expected to rake in a combined record profit of $200 billion from a...
OilPrice.com, via YahooNews. As interest in green hydrogen picks up worldwide, energy firms are using a variety of renewable energy projects to...
By: Forbes – This Christmas season is a time of thanks and hopes for imposing leaps in science that are being made:...
(REUTERS)- Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with...
By: NGI – The U.S. natural gas and oil sector is likely to achieve moderate growth this year, preferring to hoard cash,...
Chesapeake Energy Corp. was one of the biggest stars of the fracking boom, riding high for years on its ability to tap vast...
By: Hart Energy – The U.S. Energy Information Administration (EIA) slashed its 2023 estimate for the benchmark WTI average price by 10.6%...
By: Hobbs News-Sun – Keeping the No. 1 spot among the nation’s counties, Lea County hit the record books again, logging almost...
Story from Hart Energy, via Yahoo News. The roots of oil and gas’ looming talent challenge began with the end of the...
Bloomberg. Russian President Vladimir Putin’s plans to squeeze Europe by weaponizing energy look to be fizzling at least for now. Mild weather,...
The energy sector is off to a mixed-to-higher start, supported by strength in the underlying commodities. Pre-market gains have been limited for energy stocks amid weakness in major equity futures which are lower following the release of hotter-than-expected August CPI data.
WTI and Brent crude oil futures are extending multi-month highs on concerns over tight supply. Yesterday, the IEA said recent output cuts from Saudi Arabia and Russia will lock in a substantial market deficit through the fourth quarter. The tight market supply is being reflected in the spread between front-month Brent contracts and contracts for delivery six months further which is at $4.68, a width not breached since last November. Additionally, OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024. Traders will now be waiting for this morning’s EIA data as last night’s API release showed builds in crude, gasoline, and distillates.
Natural gas futures are higher on lower production and expectations for a colder winter, which should increase heating demand.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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