Story by Justin Jacobs, Financial Times. BP’s U.S. boss said Washington’s new climate law would put its green plans in the U.S....
By: Barrons – Germany will have to take on more debt than expected in 2023 to combat an energy crisis that has...
By: Reuters – Oilfield services provider Petrofac Ltd (PFC.L) said on Tuesday that Sami Iskander would step down as chief executive officer...
By: FT – Saad al-Kaabi, Qatar’s energy minister and chief executive of its national oil and gas group, has crisscrossed the globe...
HART ENERGY. MIDLAND, Texas—Double Eagle Energy has amassed almost a couple billion in equity commitments for its Double Eagle IV strategic partnership...
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...
The energy sector is off to a lower start, pressured by weakness in the crude complex. Meanwhile, the major equity futures are muted as investors await key economic data due later this week.
WTI and Brent crude oil futures gave back earlier gains and are now in negative territory as traders weigh news that China’s Evergrande was ordered to liquidate by a Hong Kong court against escalating tensions in the Middle East. Over the weekend, property giant China Evergrande was ordered by a Hong Kong court to liquidate after failing to provide a concrete restructuring plan, which adds more uncertainty to China’s fragile housing market. A drone hit U.S. forces stationed in northeast Jordan near the Syrian border according to administration officials, which killed three American servicemen and injured over thirty. Several Republicans including Senator Lindsey Graham said Iran must be targeted directly for the incident. There were more attacks on ships in the Red Sea over the weekend including a tanker operated by Trafigura. A stronger dollar is also adding pressure to oil contracts.
Natural gas futures are lower on forecasts for warmer temperatures in the next two weeks which should limit 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...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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