By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts...
U.S. natural gas producers are gearing up to boost output in 2025 after a year of production cuts, driven by rising demand...
Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between Russia and the West. European officials and the...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to the level required for nuclear weapons, a sign...
Over the past five years, BP has attempted to make a bold move to transform itself from a traditional oil giant into...
By Tsvetana Paraskova for Oilprice.com | The Johan Sverdrup oilfield offshore Norway, the largest oilfield in Western Europe, resumed production early on...
Entergy has big plans for northeast Louisiana. The company has proposed a $3.2 billion project to build a natural gas plant to...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) has revealed its latest Henry Hub natural gas spot price forecast...
After plenty of hype, the new Taylor Sheridan series Landman is finally hitting Paramount+ tomorrow, offering viewers a closer look at the...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to serve as his next secretary of the Department...
Natural gas prices pared their loss for the week, and oil futures headed lower, but they looked to notch a gain as traders weighed concerns about the global economy and energy demand against support from risks to crude supplies in the Middle East.
-- West Texas Intermediate crude for May delivery fell by 15 cents, or 0.2%, to $67.92 a barrel on the New York Mercantile Exchange, with prices for the contract trading 1.5% higher for the week, FactSet data show.
-- May Brent crude fell by 32 cents, or 0.4%, to $71.68 a barrel on ICE Futures Europe, up 1.6% for the week.
-- April gasoline fell by 0.4% to $2.1832 a gallon, poised for a weekly rise of 1.6%, while April heating oil was down 0.2%, at $2.2488 a gallon - up 3.8% for the week.
-- Natural gas for April delivery rose 1.4% to $4.03 per million British thermal units, paring its weekly loss of 1.8%.
The U.S. stock market closed higher Friday, with the S&P 500 eking out a weekly gain to snap four straight weeks of losses.
According to preliminary FactSet data, the Dow Jones Industrial Average finished up 0.1%, the S&P 500 rose 0.1%, and the technology-heavy Nasdaq Composite rose 0.4%.
It was a choppy trading session, and stocks struggled to build on Wednesday's rally, which was fueled by the Federal Reserve’s policy meeting, which ended with its benchmark interest rate unchanged.
The preliminary data show that the S&P 500 gained 0.4% for the week, the Dow climbed 1.2%, and the Nasdaq advanced 0.2%.
Alaska is poised for its first oil production increase in nine years, with output projected to climb by 16,000 barrels per day to reach 438,000 bpd in 2026, according to the Energy Information Administration. The rise, driven by ConocoPhillips' Nuna project and Santos and Repsol's Pikka development, would be the state's biggest since 2002.
Three years after Russia's invasion of Ukraine, Europe has reduced its reliance on Russian gas by shifting towards renewables and increasing liquefied natural gas imports from the US. However, much of the decrease in gas demand stemmed from high prices and mild winters rather than permanent policy changes, raising questions about the sustainability of the current energy mix.
By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is...
Continental Resources has entered a joint venture with Türkiye Petroleum and TransAtlantic Petroleum to...
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas...
Wyoming’s latest legislative session delivered some major victories for fossil fuel producers and supporters...
By Alex Kimani for Oilprice.com | Three years ago, Europe suffered one of its...
HOUSTON (Reuters)—The American Petroleum Institute, a leading industry group, said on Wednesday that U.S....
APA Corporation and its partners, Lagniappe Alaska and Oil Search (Alaska), have made a...
By Nate Raymond, (Reuters) – A federal judge in Louisiana has rejected a bid...
by Bloomberg|Sara Gharaibeh| Qatar began supplying natural gas to Syria through Jordan, the latest boost...
Crowley has officially raised the U.S. flag on American Energy, marking the beginning of...
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