By: Ben Werschkul – Yahoo Finance – One of Biden’s top energy aides confirmed Friday that the administration won’t extend the oil...
The United States became the world’s largest liquefied natural gas exporter during the first half of 2022, according to data from CEDIGAZ....
The world’s largest international oil and gas companies are expected to accelerate share repurchases, and some could raise dividends next week when...
From MarketWatch.com. Oil futures settled lower on Friday, pressured by signs of faltering gasoline demand in the middle of summer driving season,...
Story Credit: Jessie Christopher Smith, The Oklahoman. Oklahomans are still reeling from extreme conditions amid a record-breaking heat wave, after soaring temperatures...
By Mark Trevelyan. LONDON (Reuters) –Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone on Thursday and...
By: Jordan Blum and Laura Huchzermeyer – S&P Global – The Keystone oil pipeline could return to full capacity next week if...
FROM MARKETWATCH: Tesla Inc. late Wednesday reported second-quarter earnings above Wall Street projections, defying expectations that COVID-related shutdowns in China would hurt...
Gasoline prices are high for consumers, but why don’t oil companies want to drill for more oil? There’s a good reason. Story...
By: Reuters – ConocoPhillips’ chief executive on Tuesday warned of looming crude oil shortages and price volatility, citing limited spare capacity among...
The energy sector is off to a mixed-to-higher start, supported by strength in natural gas futures and the broader markets, despite weakness in the crude complex. U.S stocks are set to open mostly higher a day after a brutal sell-off on Wall St, as the market awaits to digest more inflation data.
WTI and Brent crude are moving higher during a choppy morning of trading as investors remain concerned the Federal Reserve will continue to aggressively raise interest rates which will put a dent in oil demand. The IEA in its September MOMR today expects global oil demand growth to come to a halt in 4Q22 and with supply outpacing demand into 2Q23, there should be a "much needed" build in stocks. Growth in global oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD. Additionally, the Biden administration is looking at refilling the SPR at $80/barrel oil as Secretary of State Blinken stated a new nuclear agreement with Iran in the near term was unlikely.
Natural gas futures are up as record levels of output continue to lend support and on forecast for higher demand in the next two weeks than previously expected.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(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...
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