Investing.com |The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, providing an insight into the state of the...
The Trump administration has taken another step toward expanding American crude oil production and exports, approving a second deepwater oil loading terminal...
By Georgina McCartney | HOUSTON (Reuters) – Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking a significant step in the country’s evolution into...
Story by Adam Kemp |PBS News| When Rhiannon Kymer opened the doors of her Oklahoma oilfield supply store in January, she was...
Diamondback Energy has announced a $4.08 billion cash-and-stock acquisition of select subsidiaries of Double Eagle IV Midco, LLC, a move that strengthens...
Story By Felicity Bradstock |OilPrice.com| President Trump has doubled down on his pledges to allow for more fossil fuel production and reign...
President Donald Trump’s declaration of a “national energy emergency” in early 2025 has sent ripples across the global energy landscape. His aggressive...
President Donald Trump announced Thursday that the United States is set to boost oil and gas exports to India, a move aimed...
By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made up their mind whether the new U.S. administration...
The energy sector is poised for a higher start, backed by strength in the crude complex but gains will be capped by a drop in broader equity sentiment. Futures dipped lower this morning after Walmart cut its profit forecast amid rising food inflation, sending retail stocks tumbling in the premarket. The news comes ahead of a busy week of earnings, economic data, as well as the outcome of the Federal Reserve meeting with the markets expecting a three-quarter percentage point hike. On the economic front, investors are expecting the latest reading of the Case-Shiller Home Price Index, the consumer confidence report and new home sales data later this morning.
WTI and Brent crude oil futures continued to gain ground for a second day, boosted by increasing concerns about tightening European supply after Russia cut gas supply through a major pipeline. The gains come despite the strength of the dollar. Gazprom said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity and the cut in supplies is expected to leave countries unable to meet their goals to refill natural gas storage ahead of the winter demand period.
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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