by Bloomberg|Kari Lundgren| The first ship in a 30 billion-kroner ($2.7 billion) plan to store emissions under the North Sea arrived in Norway...
By Julianne Geiger for Oilprice.com | Despite Trump’s full-throttle push to “unleash” U.S. energy, Permian oil producers are keeping their foot on...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025 with plans to invest up to $1 billion...
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated that U.S. President Donald J. Trump signed a...
El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a company he helped establish six years ago, have...
By Simon Watkins for Oilprice.com |Following the sudden removal of longtime Syrian President Bashar al-Assad from office on 8 December, the new...
By Felicity Bradstock | OilPrice.com | Several U.S. oil and gas companies have warned that they will not be looking to increase production...
On February 1, President Donald Trump officially announced a broad set of tariffs that will hit imports from Canada and Mexico at...
Chris Mathews | Hart Energy, via Yahoo Finance | Diamondback Energy will drop down billions of dollars in mineral and royalty interests to its...
Infinity Natural Resources, Inc. (“Infinity”) has officially made its Wall Street debut, announcing the pricing of its initial public offering (IPO) at...
The energy sector is having a mixed start, pressured by weakness in the underlying commodities, but supported by mild support in the major market futures which steadied following yesterday’s fed-driven selloff.
WTI and Brent crude oil are trading lower on concerns over more aggressive interest rate hikes following Chair Powell's testimony yesterday. Investors are also looking to the weekly EIA report to gain further clarity on inventories after the API data showed a decline in crude inventories for the first time after 10 weeks of builds. Also dampening sentiment, Barclays lowered its 2023 Brent forecast by $6 to $92 a barrel and WTI by $7 to $87, "due primarily to more resilient-than-expected Russian supplies," the bank said.
Natural gas futures are down as flows to the Freeport LNG export plant were on track to drop for the first time after the plant exited an eight-month outage last month. Gas flows to their plant were on track to reach just 0.1 bcfd on Wednesday, down from 1.0 bcfd on Tuesday.
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
A key hearing is set for this Friday in Big Spring, Texas, in a...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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