By: John Kemp – Reuters – Oil investors made few changes to their positions last week as prices remained poised between fears...
It may have taken an investor rebellion, a pandemic and a war in Europe, but U.S. shale oil and gas producers are...
By: Sam Meredith – CNBC – Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls...
By: Scott DiSavino – Reuters – U.S. natural gas production growth is waning at the same time many countries are looking for...
(Bloomberg) — U.S. shale giants stung by billions of dollars in hedging losses are spending big bucks to ditch their positions in...
By: Joseph Nasr – Reuters – Two senior ministers in Chancellor Olaf Scholz’s government on Monday said Germany would be ready to...
Algeria has long been a medium-stakes player in the global game of oil and gas exports, but the energy crisis in Europe...
A shortage of workers is limiting future oil and gas production to offset the effect of lost Russian barrels following the war...
By: Brook Singman – Fox News – The Biden administration on Friday issued an emergency fuel waiver allowing E15 gasoline — fuel...
By: Wood Mackenzie – How is the Russia/Ukraine war changing global energy markets? The Russia/Ukraine war has huge implications for energy markets,...
Iran’s ability to choke off the Strait of Hormuz, the crucial waterway connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea, is a key question for investors. But it isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.
The potential for Iran to shut down shipping routes, particularly the strait, through which ships carrying roughly 20 million barrels a day of oil and oil products and 20% of the world’s liquefied-natural-gas supply, has long served as a boogeyman for investors, oil traders, shippers and world leaders. Now that threat is front and center following President Donald Trump’s decision to involve the U.S. directly in the Israel-Iran war Saturday by bombing Iranian nuclear sites.
“My initial take is that while odds of a full closure of the Strait of Hormuz remain below 50%, they are clearly higher than they were on Friday,” Rebecca Babin, senior energy trader and managing director at CIBC Private Wealth in New York, told MarketWatch.
“If the Strait of Hormuz became non-navigable, it would constitute pretty much an unprecedented negative supply shock for the energy markets, at least in recent history,” said Minna Kuusisto, chief analyst at Danske Bank in Copenhagen, in a Sunday note.
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...
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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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