STORY FROM HART ENERGY: Diamondback Energy Inc. agreed to acquire FireBird Energy LLC, a private Midland Basin operator backed by RedBird Capital...
By: Oil and Gas Investor – Investors will avoid the oil patch, we were told, until they become convinced that E&Ps are...
BUSINESS INSIDER: JPMorgan CEO Jamie Dimon said the US should pump more oil amid the world’s energy crisis, just days after the...
By: Financial Times – BlackRock has lost more than $1bn in asset management business in US Republican states upset with the company’s...
The Hill: Treasury Secretary Janet Yellen in a new interview expressed worry that OPEC+ countries’ decision to cut oil production will hurt...
S&P Global: US natural gas injections totaled 129 Bcf in the week ending Sept. 30, marking the largest injection into US storage...
By Rebecca Kheel, Military.com. A trio of Democratic lawmakers wants to pull all U.S. military troops out of Saudi Arabia and the...
Reuters: Wall Street analysts on Oct. 5 sharply increased their view of Exxon Mobil Corp.’s third-quarter earnings after the company disclosed a...
By – KSWO – Altus isn’t the only area seeing this kind of increase, other Oklahoma cities are also experiencing utility bills...
MarketWatch: California has pretty much always paid much more than the nation for gasoline at the pump, in part due to higher...
The energy sector moved higher Tuesday morning, supported by strength in the crude complex and the major equity futures extending their rally into the last week of the year.
WTI and Brent crude oil futures are kicking off the holiday-shortened week higher amid ongoing geopolitical tensions and optimism surrounding the Fed’s dovish pivot. Traders are continuing to focus on last week’s catalysts and are keeping an eye out for more news surrounding tensions in the Middle East. Elsewhere, as of Sunday, Denmark's Maersk announced it is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, citing the deployment of a U.S.-led military initiative to protect ships traveling through the area.
Natural gas futures are lower on forecasts for warmer temperatures.
Spanish oil company Repsol is under investigation by the country's antitrust watchdog over possible abuse of its dominant position in the nation's wholesale fuel market.
The company may have abused of its dominance of the wholesale market between March and December 2022 to increase its petrol station network's market share, the CNMC watchdog said in a statement on Tuesday.
The CNMC statement said that Repsol, Spain's largest oil company, may have offered additional discounts at its petrol stations while raising wholesale prices for rivals such as independent petrol stations.
The investigation was opened after complaints were filed by two associations representing independent fuel station operators.
The New Mexico State Land Office reported Tuesday a record $2.75 billion in revenue for Fiscal Year 2023, which ran from July 1, 2022 to June 30, 2023.
This was the second time in its history the land office raised more than $2 billion, read an announcement, reporting revenue of $2.4 billion in FY 2022.
Of the funds raised in FY 2023, records show about $2.6 billion, or 96.8 percent came from oil and gas sources, including royalty payments, rental fees and other costs paid by oil and gas operators to produce on State Trust land.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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