By: Reuters – Hedge Fund managers anticipate an imminent recession that will hit consumption of middle distillates such as diesel especially hard,...
Story by Rachel Millard, The Telegraph. Bernard Looney, the boss of BP, was summoned by Whitehall within a day of Russia invading Ukraine....
LONDON (Reuters) – Hedge funds around the world fled positions in energy stocks, bonds and futures last week just in time to...
Story by Jennifer Pallanich. Talos Energy Inc. plans to buy EnVen Energy Corp. in a $1.1 billion deal that increases Talos’ Gulf of Mexico...
MarketWatch. JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping the financing of growth in...
By Joseph Adinolfi | MarketWatch. American consumers may have gotten a bit of a break from sky-high gas prices over the past...
By: The New York Times – The German government on Wednesday announced that it was taking over Uniper, previously the country’s largest...
OilPrice.com. Two years ago, oil and gas companies in Texas were laying off employees amid the most severe downturn in the industry’s...
LONDON (Reuters) – Carbon Tracker and Global Energy Monitor said on Monday they had launched the first global database registry of oil...
By: Reuters – Germany took control of a major Russian-owned oil refinery on Friday, risking retaliation from Moscow as Berlin strives to...
Ranger Oil announced that its borrowing base under its revolving credit facility was increased 20% to $875 million. Ranger's elected commitment under the facility remains at $400 million. This is the second announced increase this year for a total of approximately 45%.
Energy stocks are set to open modestly lower this morning, as a reprieve in the rise in oil prices is encouraging investors to consolidate some gains and positions. Corporate news flow is fairly light, while the oil market is digesting news of the JMMC meeting that OPEC+ is “highly likely to agree to an output hike in the range of 600K bpd for July”.
Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production. The benchmarks have marched higher for several weeks as Russian exports have been squeezed by U.S. and EU sanctions against Moscow over its invasion of Ukraine, action Moscow calls a "special operation".
Natural gas futures are trading just below $9, as summer heating demand is set to pick up and the recent injection season failed to bring storage levels to historical averages.
Michigan Attorney General Dana Nessel is pushing back against President Donald Trump’s sweeping executive...
The United States and Saudi Arabia have launched what is being described as a...
All regions of the North America electric grid are expected to have sufficient resources...
President Donald Trump continued his tour of the Gulf this week by announcing a...
The Railroad Commission of Texas (RRC) announced a major milestone in its employee training...
Oil markets jolted higher on Tuesday following breaking reports that Israel may be preparing...
Story by Andreas Exarheas|RigZone.com| Global oil demand in early May indicates tepid year-over-year growth, analysts...
As Texas faces mounting pressure from population growth, prolonged drought, and aging water infrastructure,...
By: Anna Kaminski | Kansas Reflector | TOPEKA — The Trump administration is attempting to...
Kevin Crowley and David Wethe | (Bloomberg) — Terrel Hardin was at a diner...
by Andreas Exarheas| RigZone.com |In an EBW Analytics Group report sent to Rigzone by the...
Story By David French (Reuters) – President Donald Trump’s pro-energy policies were meant to...
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