Apache Corp. generated national – and even international – headlines in the fall of 2016 when it announced what it believed was...
When the federal government auctioned off oil leases in the Arctic National Wildlife Refuge last year, no major firms bid, in a...
The world’s two biggest oil and natural gas reservoirs are in the Permian Basin and Saudi Arabia with estimated remaining reserves of...
By: Bloomberg – Energy transportation giant Enbridge Inc. will be going ahead with two pipeline projects to service a new liquefied natural...
(Reuters) Morgan Stanley CEO James Gorman told shareholders during the bank’s annual general meeting on May 26 that he does not plan...
By: CNBC – Natural gas surged above $9 per million British thermal units, or MMBtu, on Wednesday, hitting the highest level in more...
By: David French – Reuters – Energy bankers and hedge fund managers who lost one client after another when poor returns pushed...
(Bloomberg) — Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest...
(Bloomberg) — The liquefied natural gas market is hurtling toward a potentially historic shortage this winter as the world rushes to secure...
FORT WORTH, Texas—In the Permian Basin, the popularity of longer laterals is slowly but steadily rising, according to Rystad Energy’s upstream research...
OPEC+ is not currently discussing any changes to its oil production plan, which includes adding supply to the market starting in December 2024. This plan was initially set to begin in October but was delayed due to a crash in oil prices in August and September. Russia's Deputy Prime Minister Alexander Novak stated that all OPEC+ members fully comply with their agreed output quotas.
Saudi Arabia is reportedly determined to increase production from December 1, aiming to regain market share lost during its recent large output cut. This marks a significant policy shift for the kingdom, which is now willing to accept short-term price and revenue declines to achieve this goal.
The Saudi strategy represents a departure from its unofficial $100 oil price target, prioritizing market share over price maintenance. This change in approach could have significant implications for global oil markets and prices in the coming months.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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