Story By Guy Faulconbridge and Vladimir Soldatkin (REUTERS). The Kremlin said on Feb. 9 the world should know the truth about who...
By: The Texas Tribune – The Teacher Retirement System of Texas has divested part of its massive pension fund from 10 financial...
James Hanlon, The Spokesman-Review, Spokane, Wash. Expect less precipitation and close to average temperatures as global weather patterns shift to an El...
By: BBC – Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil...
AUSTIN, Texas (AP) — Like thousands of other Austin residents, Darin Murphy began a sixth day Monday with no power in his...
By: Reuters – United Nations Secretary-General Antonio Guterres on Monday told fossil fuel producers they “should not be in business” unless they...
(Bloomberg) — Oil will rise back above $100 a barrel this year and may face a serious supply problem in 2024 as...
By: S&P Global – China’s refineries will cut clean oil product exports in February as domestic demand in January was better than...
Hart Energy – Staff Story. Elk Range Royalties LP closed its acquisition of Permian Basin mineral and royalty interests from Tower Rock...
By: Reuters – Oil prices were steady on Thursday as looming sanctions on Russian oil products added uncertainty over supply but the...
The House passed a huge bipartisan defense bill. The $886 billion package will give service members a 5.2% pay bump and includes investments to boost competition with China and Russia, but does not contain funding for aid to Israel and Ukraine, which is part of a separate $105 billion package. Still, this defense bill provides $28 billion (3%) more than last year’s version. The vote, which passed 310–118, defeated the efforts of far-right GOP lawmakers, who had tried unsuccessfully to shoehorn military restrictions to abortion access, transgender care, and DEI policies.
World oil demand will rise faster than expected next year, the International Energy Agency (IEA) said on Thursday, a sign that the outlook for near-term oil use remains robust despite this week's COP28 agreement to transition away from fossil fuels.
World consumption will rise by 1.1 million barrels per day(bpd) in 2024, the Paris-based IEA said in a monthly report, up 130,000 bpd from its previous forecast, citing an improvement in the outlook for the United States and lower oil prices.
The 2024 upward revision reflects "a somewhat improved GDP outlook compared with last month's report," the IEA said. "This applies especially to the U.S. where a soft landing is coming into view."
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
Have your oil & gas questions answered by industry experts.