By: AP – Japan adopted a plan on Thursday to extend the lifespan of nuclear reactors, replace the old, and even build...
Scott DiSavino and Nia Williams – (Reuters) U.S. and Canadian natural gas production is expected to hit new records in 2023, but...
By Shankar Ramakrishnan, David French (Reuters) – Private U.S. oil and gas companies are increasingly turning to a niche financing structure that securitizes their...
By: CNBC – The European Union Monday concluded two months of heated talks over how to protect households from rising energy prices...
HOUSTON, Dec 19 (Reuters) – The United States has become a global crude oil exporting power over the last few years, but...
By: Reuters – Japan is making inquiries with its major oil refiners about buying Russian ultralight crude from the Sakhalin-2 gas and...
WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR,...
From Business Insider: As the cracks in Russia’s war on Ukraine deepen, Russian oligarchs sanctioned by the West are now saying Russian...
Liz Hampton, Reuters – The latest earthquake to rattle West Texas will add costs to producers already snarled by inflation and supply...
By: Reuters – HSBC (HSBA.L) will stop funding new oil and gas fields and expect more information from energy clients over their plans...
The energy sector is off to a higher start, supported by strength in the underlying commodities and in the broader markets. The major market indices edged higher ahead of the Federal Reserve policy meeting this week and on Q2 earnings which will allow investors to gauge the impact of a strong dollar and high inflation.
WTI and Brent crude oil are up in early trading as supply fears outweighed concerns over future aggressive rate hikes which would put a dent in demand. A weaker dollar combined with gains in the broader markets is also adding support to oil futures. European leaders are set to discuss a revised proposal where EU countries would cut gas use by 15% from August to March, in an effort to prepare for a winter of uncertain energy supplies. The European Union is expected to strike a deal on Tuesday. A repaired gas turbine will be installed in the Nord Stream 1 pipeline once it is returned after maintenance, and natural gas will then be supplied in "corresponding volumes", a Kremlin spokesman said on Monday. The Nord Stream 1 pipeline has only been operating at a 40% capacity since it resumed gas flows.
Natural gas futures rose this morning on forecasts for hotter weather and higher demand next week than previously expected.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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