In a significant move within the energy sector, Elliott Investment Management, one of the world’s most prominent activist hedge funds, has acquired...
On Monday, President Donald Trump reignited the energy debate by announcing a bold new energy partnership with Japan that could reshape the...
By Lucia Kassai |BNN Bloomberg | Slowing U.S. oil-production growth is casting a pall over projects intended to expand crude shipments to overseas...
By Darren Barbee | Hart Energy, via Yahoo News | ConocoPhillips Co., looking to shed debt after its $22.5 billion acquisition of Marathon Oil Corp.—a deal...
By Felicity Bradstock for Oilprice.com | President Trump has been emphatic about his support for oil and gas throughout his electoral campaign and...
by Bloomberg|Kari Lundgren| The first ship in a 30 billion-kroner ($2.7 billion) plan to store emissions under the North Sea arrived in Norway...
By Julianne Geiger for Oilprice.com | Despite Trump’s full-throttle push to “unleash” U.S. energy, Permian oil producers are keeping their foot on...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025 with plans to invest up to $1 billion...
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated that U.S. President Donald J. Trump signed a...
El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a company he helped establish six years ago, have...
The energy sector is off to a higher start, supported by strength in the underlying commodities and the major equity futures. U.S. equity futures are trading up as investors await another round of earnings from big U.S. banks and on easing bets of a more aggressive Federal Reserve.
WTI and Brent crude oil are trading higher on a weaker dollar and tight supply which overshadowed recession concerns and the potential of widespread COVID-19 restrictions in China. Last week, oil futures on both sides of the Atlantic recorded their biggest weekly declines for about a month on fears that a recession and the spread of the new highly transmissible subvariant of COVID-19 in China, would put a dent in oil demand. The U.S. dollar retreated from multi-year highs this morning, increasing investor interest in commodities such as gold and oil. Over the weekend, U.S. President Joe Biden told Arab leaders that the U.S. would remain an active partner in the Middle East, but he failed to secure commitments to boost oil supply. Markets are focused this week on the resumption of Russian gas flows to Europe via the Nord Stream 1 pipeline which investors worry may be delayed due to the ongoing war in Ukraine.
Natural gas futures rose this morning on warmer weather forecasts in key consuming regions that should spur more demand.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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