By: The National Observer – Canada won’t agree to add language calling for the phaseout of all fossil fuels – including oil...
By: WP – Iron Horse Midstream has announced its plans to construct a new, 200 million ft3/d gas cryogenic processing plant on...
By: Wall Street Journal – Dwindling stockpiles of diesel have driven prices to a record premium over gasoline and crude oil, showing...
Story by Emily Patsy, Hart Energy: Diamondback Energy Inc. continued to add onto its position in the Midland portion of the Permian...
By: Reuters – Oil output in the Permian Basin is set to hit another record of 5.499 million barrels per day in...
Bob Campbell, Odessa American, Texas. Observing its 10th anniversary as a publicly traded company, Diamondback Energy had a successful third quarter and...
By: AP – The U.S. Interior Department’s plan to withdraw hundreds of square miles in New Mexico from oil and gas production...
By: SF Chronicle – Marin County is poised to require that new buildings get all of their energy from electricity rather than...
Business Insider: Two ships with their trackers turned off sailed near the leak sites of the Nord Stream 2 pipelines just days...
By: EPA.gov – January Environmental Services, Inc., January Transport, Inc., and company-owner Cris January will pay civil penalties of $1.9 million and...
The energy sector is off to a higher start, supported by strength in the underlying commodities and the major market futures. U.S stocks are expected to open in positive territory as better-than-expected earnings from Nike and FedEx helped boost investor confidence in consumer activity.
WTI and Brent crude oil are higher for the third-consecutive session following last week’s sell-off amid API data that reflects a larger-than-expected draw in crude stocks which added to concerns over tight supply. Saudi Arabia’s energy minister said the heavily criticized move by OPEC+ to cut oil output turned out to be the right decision. These comments suggest OPEC+ may continue to keep supply tight. Additionally, the U.S Pipeline and Hazardous Materials Safety Administration has opened an investigation into the issuance of special permits to waive certain operating requirements on pipelines. This comes following the Keystone Pipeline oil spill on December 7th, which has raised eyebrows as Keystone is the only U.S pipeline with a special permit to operate at high pressure. Investors are keeping an eye out for the EIA report that will be released later today as API data reflects crude stocks are down but shows a build-up in gasoline inventories.
Natural gas futures are higher as cold temperatures have frozen oil and gas wells and continue to boost 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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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...
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