Heatwaves this summer and expected natural gas shortages this winter are driving gas prices higher and higher in Europe. Europe’s benchmark gas...
From OilPrice.com. In February this year, The Guardian published exclusively a report by two non-profits that detailed the participation of the world’s...
As Central Texas continues to weather record-setting heat and some of the worst drought conditions seen in more than a decade, The...
By: Reuters – A third gas pipeline between Spain and France would cost at least 3 billion euros ($3 billion) and take...
From Hart Energy: Continental Resources Inc. promoted Doug Lawler on Aug. 18 to serve as president and COO. Lawler joined Continental in...
Brent oil will bounce back to $125 a barrel by the end of 2022, UBS said Wednesday. Brent has dropped 25% since...
By: Reuters – Oil prices rose about 1.5% after hitting a six-month low on Wednesday, as a steeper-than-expected drawdown in U.S. crude...
By: Sam Meredith – CNBC – New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to...
Saudi Arabia’s sovereign-wealth fund ramped up its bets on US big-cap stocks in the second quarter. The Public Investment Fund poured more...
Story from RigZone. Jet fuel demand has come back with a vengeance, despite the recent bout of Covid-19, and should continue to...
The energy sector is moving higher this morning, supported by strength in the crude complex and in the major equity futures. Wall Street futures inched higher as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.
WTI and Brent crude oil futures are trading higher for the second-consecutive session due to comments made by the US Fed Chair on more interest rate hikes and on Israel's ongoing attacks on Gaza, fueling supply fears. However, weakening China's Price Index, which fell 2.7 percent yearly and 0.2 percent monthly in October, and the rise in US crude oil stockpiles by an estimated 11.9 million barrels limited price upswings. Meanwhile, OPEC+ is set to meet on Nov. 26 to establish production policy, and the focus will be on whether Saudi Arabia extends a 1 million barrel-per-day voluntary cut set to expire at the end of this year.
Natural gas futures slid for the fifth-straight day on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a stark reminder of the volatile energy landscape and the relentless drive for...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
After months of tough negotiations and political tension, the United States and Ukraine have...
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