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...
OMAHA, Neb. (AP) — Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while...
Energy companies and traders are raking in huge profits selling US natural gas to Europe as prices there skyrocket. The US is...
Story by Adrian Hedden, Carlsbad Current-Argus. Two of New Mexico’s most productive oil and gas counties also contain its most low-producing or...
A disturbance began to develop Friday just offshore of southeastern Louisiana in the Gulf of Mexico, forecasters said. The system, described as...
By: Bloomberg – Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising...
Oklahoma’s Garvin County is the site of four new wells including three from a single pad with the production of more than...
The conflict between #Israel and #Hamas will continue to be the most important factor affecting the #oil markets and the situation will be in the forefront this week with Israel finishing preparations for a ground incursion into #Gaza. https://t.co/L3OKWKOUtL pic.twitter.com/oNmbFbrH6y
— Stratas Advisors (@StratasAdvisors) October 16, 2023
President Biden plans to visit Israel on Wednesday, Secretary of State Antony J. Blinken said in Israel in the early hours of Tuesday, setting up an extraordinary trip to a grieving nation on the brink of invading Gaza, the Palestinian territory already driven into a desperate humanitarian crisis by Israeli strikes that followed Hamas terrorist attacks.
The trip will be a remarkable gamble, demonstrating American solidarity with Israel and signaling that reinforcement to Iran, Syria and Hezbollah at a time of increasing anxiety about a regional war. But it also ties Mr. Biden, and the United States, to the bloodshed in Gaza, where two million people are trapped and critical supplies are dwindling.
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...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
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...
After months of tough negotiations and political tension, the United States and Ukraine have...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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