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...
By: Offshore Technology – US private equity firm EnCap Investments is considering options to sell two bundles of oil and gas assets...
LOS ANGELES (AP) — A Texas oil company was granted permission to repair an underwater pipeline that ruptured off the coast of...
By: Reuters – Oil prices were on track for their first weekly gain in five on Friday, underpinned by the possibility that...
OK Energy Today – Ovintiv USA Inc., the company with a growing reputation for finding big producing wells in Oklahoma’s STACK play...
He wouldn’t phone Florida Gov. Ron DeSantis ahead of the arrival of Hurricane Ian to inquire about storm preparations, but President Biden...
By: Beck Connely – Enid News & Eagle – Oklahoma is set to receive a federal grant to begin addressing an orphaned...
STORY BY Mark Jaffe, THE COLORADO SUN. Vic Behrens drives the dusty, dirt roads of Adams and Arapahoe counties in Colorado looking...
The energy sector is lower today, pressured by weakness in the underlying commodities. Meanwhile, the major equity futures are mixed, as investors remain uncertain about the timing of interest rate cuts.
WTI and Brent crude oil futures are kicking off the week sharply lower after Saudi Aramco made sharp price cuts to Arab Light, which offset ongoing tensions in the Middle East. Saudi Aramco lowered the official selling price of Arab Light for February to Asia by $2.00/barrel to a $1.50 premium vs Oman/Dubai, the largest m/m cut in over a year. At least three Asian customers told Bloomberg the price drop was unlikely to lead to requests for incremental deliveries while two Chinese buyers said they won't be lifting any term cargoes from KSA this month. Aramco also cut the price of Arab Light to the U.S. and NW Europe by $2.00/barrel. The ongoing war in the Middle East and a force majeure by Libya's National Oil Corporation on Sunday at its Sharara oilfield, is limiting losses.
Natural gas futures dropped earlier this morning as investors take profits following last week’s 16% price gain and on forecasts for colder temperatures for most of the L48 in the third week of January.
Hezbollah said on Monday that one of its commanders was killed in a strike in southern Lebanon, adding to concerns about a wider regional war as Israel battles Hamas in Gaza.
In a statement, Hezbollah identified the commander as Wissam Hassan Al-Tawil but gave few additional details. A Lebanese security official, speaking on condition of anonymity because of the sensitivity of the matter, said Mr. Al-Tawil was a commander in Hezbollah’s Radwan unit, which Israel says aims to infiltrate its northern border. The official said he was killed in a strike in Khirbet Selm, a village in southern Lebanon that is about nine miles from the Israeli border.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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