By: Forbes – With the S&P 500 entering a bear market last week, many of America’s billionaires are convinced that a recession is in...
Gas and oil prices are heading in the right direction, finally. But the reasons why might be no cause for celebration. Story...
By: Reuters – Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian oil...
FROM BUSINESS INSIDER – Analysts at Bank of America laid out three scenarios for the outlook on Brent crude oil prices. The...
The S&P 500 Energy Sector is the only sector on the broad-market index sporting gains so far in 2022, but a slide...
By: Shelby Webb – Houston Chronicle – Texas’ efforts to have more electricity in reserve on the power grid could cost ratepayers...
Oil and gas production in Texas rose month on month, according to the latest preliminary figures from the Texas Railroad Commission (RRC)....
By: David French – Reuters – Double Eagle, a team of prolific oil and gas developers focused on the Permian basin, have...
By Matthew Smith for Oilprice.com – The U.S., UK, and European Union’s ban on Russian oil imports sparked by President Vladimir Putin’s invasion of...
By: Erica Grieder – Houston Chronicle – Once upon a time, Houston was a city that “loved not wisely, but too well,”...
The energy sector is off to a higher start, supported by strength in the crude complex and the major equity futures, as the S&P 500 is looking to build on fresh all-time highs.
WTI and Brent crude oil futures are edging higher as geopolitical tensions in the Middle East come back into focus, outweighing concerns over higher oil production and a weaker growth outlook in China and Europe. The U.S. conducted more strikes against anti-ship missiles in Yemen while Houthi rebels today reiterated their pledge to attack ships in the Red Sea until there is "an end to the aggression against Gaza". U.S. freeze-offs which resulted in roughly 10M barrels of US crude production being offline last week with Permian losses at around 6M and Bakken losses at around 3.5M, are also lending support. Elsewhere, Libya's National Oil Corporation on Sunday announced it lifted force majeure at the 300K bpd capacity El Sharara oilfield.
Natural gas futures are down as last week’s updated forecasts show warmer-than-normal temperatures are to be expected in key consuming regions at the end of January and into February.
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...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(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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