Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy, such as wind and solar, comes with a...
The United Arab Emirates is making a major financial play in the United States, announcing a $1.4 trillion investment framework over the...
A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the environmental campaign group to pay over $660 million...
By Alex Kimani| OilPrice.com | Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers...
Crowley has officially raised the U.S. flag on American Energy, marking the beginning of operations for the first domestic liquefied natural gas...
APA Corporation and its partners, Lagniappe Alaska and Oil Search (Alaska), have made a significant oil discovery in Alaska’s North Slope with...
by Bloomberg|Sara Gharaibeh| Qatar began supplying natural gas to Syria through Jordan, the latest boost to the war-torn country’s interim government following the...
HOUSTON (Reuters)—The American Petroleum Institute, a leading industry group, said on Wednesday that U.S. oil producers and executives will meet with President...
Wyoming’s latest legislative session delivered some major victories for fossil fuel producers and supporters of carbon dioxide-enhanced oil recovery. Lawmakers passed several...
By Nate Raymond, (Reuters) – A federal judge in Louisiana has rejected a bid by three Republican-led states to block a rule...
In earnings news, Kinder Morgan reported a 20.3% rise in quarterly adjusted profit on Wednesday as the U.S pipeline operator received a boost from jet fuel demand, with the company also benefiting from re-contracting some natural gas pipelines at a higher rate. The pipeline operator cashed in on the pent-up travel demand, which resulted in a 19% rise in jet fuel volumes transported in the second quarter. It said adjusted earnings for its natural gas pipelines were up 6% at $1.13 billion. The company also increased its dividend by 3%.
Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike stoked demand worries and returning oil supply from Libya eased supply concerns. Oil futures trading volumes have been thin and prices volatile as traders have to square weaker energy demand with tighter supply resulting from the loss of Russian barrels after the country's invasion of Ukraine. U.S. gasoline inventories rose by 3.5 million barrels last week, government data showed on Wednesday, far exceeding analyst forecasts. "U.S. gasoline demand is struggling to shift into top gear during the peak summer driving season," said PVM analyst Stephen Brennock.
Natural gas prices are off by 20 cents ahead of weekly inventory data. Analysts expect a build of 46 bcf.
Front-month Nymex natural gas (NG1:COM) for August delivery closed +10.2% to $8.007/MMBtu, its highest settlement since June 13 and up more than 47% so far this month.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
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,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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