By: Reuters – The Kremlin on Monday blamed the West for triggering the worst European gas supply crisis ever and warned the...
From OilPrice.com, via Yahoo News. The energy crisis in Europe is not only disrupting businesses and household finances, but it’s also hitting...
KYIV, Ukraine (AP) — Energy problems plagued Ukraine and Europe as much of the Russian-occupied region that’s home to a largely crippled...
Story by Brendan Coffey, Sportico. Jerry Jones has found one investment that beats the fantastical growth of his Dallas Cowboys—natural gas. Over...
By: Reuters – A Texas family which owns 70,000 acres in the Permian basin is exploring options including a sale, putting up...
HOUSTON, (Reuters) – Exxon Mobil Corp (XOM.N) and Shell Plc (SHEL.L) on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager...
G7 finance ministers are set to meet on Friday to thrash out a US-led plan to cap Russian crude oil prices. Officials...
MOSCOW (Reuters) -Ravil Maganov, the chairman of Russia’s second-largest oil producer Lukoil, died on Thursday after falling from a hospital window in...
Oil futures ended lower for the third month in a row in August to tally their longest streak of monthly losses in...
By: Cathy Bussewitz – AP – As winter nears, European nations, desperate to replace the natural gas they once bought from Russia,...
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and the major market futures. U.S. stocks opened in negative territory amid better-than-expected retail data and gloomy comments from Target, which was down nearly 14% in the pre-market.
WTI and Brent crude oil pulled back from earlier highs, as focus shifted back to rising COVID-19 cases in China. Oil futures initially rose amid reports of an attack on an oil tanker off the coast of Oman and as API data showed a bigger-than-expected drop in crude inventories. However, China’s COVID-19 policy continued to dim the demand outlook. In international news, Iraq's oil ministry is looking to increase oil production rates and raise baseline exports in line with global market demand and OPEC's decisions.
Natural gas futures are down as disruptions at the Freeport LNG export plant offset gains from colder weather forecasts. Federal pipeline safety regulators released on Tuesday a heavily redacted report that blamed inadequate operating and testing procedures, human error, and fatigue for the June 8 explosion at the Freeport LNG plant.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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