By: Reuters – U.S. exports of liquefied natural gas (LNG) in June fell to the lowest in four months, data from Refinitiv...
Failing US electricity grids could be the next vulnerability in the supply chain for oil, energy trader Brynne Kelly says. Most of...
(Reuters) The second-biggest U.S. liquefied natural gas (LNG) export facility hit by fire earlier this month will not be allowed to repair...
By: James Osborne – Houston Chronicle – The U.S. Supreme Court ruled Thursday that an Obama-era rule forcing power plants to curtail carbon...
OilPrice.com: Global spare capacity is running very low, which will keep oil and gas markets on edge for some time, according to...
By: Reuters – As EU officials edge towards a compromise deal with the baltic State to defuse a row tih Moscow as...
Story at a glance – Last year, over 200 earthquakes over the magnitude of 3 struck West Texas. Rising oil and gas...
By: Forbes – With the S&P 500 entering a bear market last week, many of America’s billionaires are convinced that a recession is in...
Gas and oil prices are heading in the right direction, finally. But the reasons why might be no cause for celebration. Story...
By: Reuters – Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian oil...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
It sounds like something out of a Netflix crime drama, but this one’s all...
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...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
After months of tough negotiations and political tension, the United States and Ukraine have...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
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