Story by Jennifer Pallanich. Talos Energy Inc. plans to buy EnVen Energy Corp. in a $1.1 billion deal that increases Talos’ Gulf of Mexico...
MarketWatch. JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping the financing of growth in...
By Joseph Adinolfi | MarketWatch. American consumers may have gotten a bit of a break from sky-high gas prices over the past...
By: The New York Times – The German government on Wednesday announced that it was taking over Uniper, previously the country’s largest...
OilPrice.com. Two years ago, oil and gas companies in Texas were laying off employees amid the most severe downturn in the industry’s...
LONDON (Reuters) – Carbon Tracker and Global Energy Monitor said on Monday they had launched the first global database registry of oil...
By: Reuters – Germany took control of a major Russian-owned oil refinery on Friday, risking retaliation from Moscow as Berlin strives to...
CARACAS, Venezuela (AP) — Venezuela has thrown back in prison the brother of the country’s former oil czar as part of an...
From MarketWatch: Food prices continued to rise in August, putting pressure on lower- and middle-income households in particular as inflation extends its...
Natural Gas Intel, by Carolyn Davis. SilverBow Resources Inc. has acquired 7,500 net acres in the Eagle Ford play of South Texas...
President Biden landed in Israel as the world waited for evidence of whether a Hamas-linked group or Israel caused a devastating explosion yesterday at a hospital in Gaza City.
The explosion, evidently from a missile, killed hundreds of people and injured hundreds more. (This video, verified by Times journalists, shows the moment the blast destroyed the hospital.)
After Biden landed, he seemed to endorse Israel’s denial of responsibility. “Based on what I’ve seen, it appears as though it was done by the other team, not you,” he said. “But there’s a lot of people out there not sure.”
The U.S. crude inventory balance fell by 4.383M barrels during the week ended Oct. 13, according to the API. That contrasted with a 12.94M jump in the prior week to Oct. 6 led largely by a sharp decline in exports.
Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have dropped drastically this year, prompting concerns they might reach such critical lows to complicate operations at the storage hub.
On the fuel side, the petroleum trade group reported a gasoline inventory slide of 1.578M barrels and distillate stock drop of 0.612M barrels. In the prior week, gasoline saw a 3.645-M barrel build while distillates experienced a 3.535M drop.
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
Data centers across the United States are increasingly grappling with one of the most...
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