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...
LONDON, (Reuters) UPDATE: Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June,...
Unconfirmed reports are surfacing that Russian President Vladimir Putin is preparing to undergo cancer surgery and will temporarily transfer his authority to Nikolai Patrushev, head of the Russian federal police’s Security Council, while he is undergoing the medical procedure.
What Happened: A Russian-language Telegram channel called "General SVR" first reported the news in a posting that is no longer online. The New York Post reported the channel is allegedly run by someone calling himself “Viktor Mikhailovich,” although the channel’s operator is reportedly a former Russian Foreign Intelligence Service lieutenant general.
The energy sector is set for a lower start, pressured by weakness in the crude complex and the major market futures. U.S. stocks fell and the dollar held near record highs as concerns about economic growth lingered ahead of an expected U.S. rate hike this week and data showed COVID-19 lockdowns have slowed down China’s factory activity.
WTI and Brent crude oil are down in early trading as concerns over weak economic growth in China overshadowed fears of a potential European ban on Russian crude which could increase supply constraints. As a result of ongoing COVID-19 lockdowns, China released data on Saturday showing that factory activity in the world's second-largest economy contracted for a second month to its lowest since February 2020.
So, you’ve just inherited mineral rights in Oklahoma and you’re thinking about selling. First...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
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...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
The global oil market is facing one of its most complex periods in recent...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two...
By Tsvetana Paraskova for Oilprice.com | The Rockefeller Foundation is launching a Coal to...
[Reuters] By Lisa Baertlein and Jarrett Renshaw | U.S. energy groups are asking President...
Story by Andreas Exarheas|RigZone.com| Global oil demand in early May indicates tepid year-over-year growth, analysts...
All regions of the North America electric grid are expected to have sufficient resources...
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