By: Kyle Bakx – CBC – With so much pain at the gas pumps these days and the extraordinary price of oil...
Yang Li Hu, a 12-year-old Chinese oil tanker with a bright blue and red hull, was laden with oil as it set...
(Bloomberg) — The owners of Laredo Energy VI LP, a gas driller focused in the Eagle Ford Shale in South Texas, are...
By: Michael Dekker – Tulsa World – With oil and gasoline prices setting new records on a daily basis for weeks, there...
By: Reuters – Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new COVID-19 lockdown...
Treasury Secretary Janet Yellen indicated the EU and US are in talks to curb Russian oil revenue. It comes as Russia reels...
By: Reuters – Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing,...
Another week, another record high for gas prices. And there seems to be no immediate relief in sight. Story Credit: Medora Lee,...
By: Bloomberg News – Oil fluctuated after top exporter Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its...
A Permian Basin oil and gas operator agreed to pay $150,000 in fines and spend $500,000 to improve air quality in the...
The energy sector is off to start lower, pressured by weakness in the underlying commodities. U.S stocks are expected to rebound following two-consecutive sessions of losses, ahead of the consumer confidence and job openings data later today.
WTI and Brent crude oil futures dropped following yesterday’s rally on fears that a slower global economic outlook could soften energy demand and the potential arrival of more Iranian barrels to the market which outweighed political unrest in the Middle East. Global central banks are prepared to continue fighting record inflation that has not been seen in half century even as investors worry more rates hikes will lead to a recession. A series of attacks on a gas field in Iraq has sent U.S. contractors working on its expansion packing, damaging the hopes of Kurdish Region’s looking to boost their revenues. Despite ongoing fighting in Baghdad, state-owned marketer SOMO said the country’s oil exports are unaffected by the unrest, adding to the further downward pressure we are seeing this morning. Nigeria’s Q2 oil production dropped to 1.43M bpd, its lowest quarterly level since 2016, far below the country’s 1.799M bpd quota under the OPEC+ deal, amid rampant theft and vandalism.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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