Story by Jonathan Stempel (Reuters) –The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as...
By: Reuters – Oil prices slipped on Friday and were near their lowest levels since February as concerns over a possible recession...
Shale pioneer Chesapeake Energy will focus on its key shale gas plays in the United States and will consider its oil-producing acreage...
By: Reuters – Brigham Minerals Inc (MNRL.N), a company that owns the rights to extract oil and natural gas from land across numerous...
By: Washington Post – The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower...
MUELHEIM AN DER RUHR, Germany (Reuters) -German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return...
By: Adrian Hedden – Carlsbad Current-Argus – Denver-based oil and gas company Sitio Royalties continued to up its presence in the Permian...
By: Bloomberg – Germany’s presidential palace in Berlin is no longer lit at night, the city of Hanover is turning off warm...
The US government wants to crack down on Iranian oil smugglers, according to the Wall Street Journal. Iranian oil reportedly trades at...
Shipwrecks and unexploded bombs, Story credit: by Rachel Millard, published in The Telegraph, via Yahoo. Captain Ellis was below deck in bed...
French prosecutors on Thursday urged that a police officer be placed under investigation for voluntary homicide after the deadly shooting of a 17-year-old driver set off violent riots in more than a dozen cities overnight, with protesters burning cars, lighting buildings on fire and setting off fireworks for the second day in a row.
President Emmanuel Macron, convening a crisis meeting on Thursday morning, called the violent protests “absolutely unjustifiable” and appealed for calm after the death of the teenager, who has been identified only as Nahel M.
The energy sector is set for a lower start, pressured by weakness in the crude complex and the broader markets. The major market futures are lower as investors await comments from Federal Reserve Chair Jerome Powell.
WTI and Brent crude oil futures are lower as concerns over the prospect of higher interest rates and slowing demand curb earlier gains. Lingering worries about tighter monetary policy outweighed the API’s weekly report which showed a larger-than-expected drop in crude oil inventories. The industry report showed crude stocks fell by 2.4 million barrels last week. The market will be keeping eyes on today's EIA report which is set to be released at 10:30 AM EST.
Natural gas futures are higher, ahead of the expiration of the front month July contract. Early-cycle data has LNG feedgas flows today rising to 12.60 Bcf, up +1.0 Bcf d/d as Sabine Pass volumes recover further to over 4.0 Bcf. The increase would be the highest since the end of May.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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 Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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