Why were Carbon Credits created? The burning of fossil fuels is a major source of greenhouse gas emissions and the carbon credit...
Texas-based XTO Energy Inc. recently filed completion reports on a series of 8 wells in Carter and Love Counties in southern Oklahoma....
By: James Morris – Forbes – Every new EV gets compared to Tesla. General Motors CEO Mary Barra has even said her...
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...
The energy sector is off to a higher start, supported by strength in the crude complex and the major market futures. U.S stocks are expected to open higher as concerns about a banking crisis continued to dim and as investors brace themselves for a key inflation reading later this week which will provide more clues on the Fed’s monetary tightening policy.
WTI and Brent crude oil futures are extending gains for the third-consecutive session on export halts from Iraqi Kurdistan which raised concerns of tightening supply. Adding to the crude export halts which were announced on Saturday and amounted to 450,000 bpd, earlier today Norwegian oil firm DNO announced it had begun shutting down production at its fields in Kurdistan. The company’s fields averages output of 107,000 bpd in 2022, which equates to a quarter of Kurdish exports. Oil also gained support from easing concerns of future bank failures and a drop in U.S. crude inventories. The API reported crude stocks fell by 6.1 million barrels last week.
Natural gas futures are trading down on forecasts for warmer temperatures for most locations east of the Rocky Mountains and on high levels of output.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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,...
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