By: Isla Binnie & David French – Reuters – Can oil bankers learn renewable tricks? They may need to in this climate,...
By: David Wethe & Tom Maloney – Bloomberg – Harold Hamm said he’s retaining full control of shale driller Continental Resources Inc....
By: Christopher M. Matthews – WSJ – The world’s big Western oil companies like Exxon Mobil Corp. and Chevron Corp. are back...
By: Liz Hampton – Reuters – As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins are buying...
By: Bloomberg – European power prices extended last week’s drop, tracking natural gas futures lower as Russian supplies of the fuel are...
By: Collin Eaton – WSJ – The end of the oil boom is in sight for America’s fracking companies. Less than 3½...
By: Kevin Crowley – Bloomberg – President Joe Biden, who had asked OPEC+ to raise oil production faster to tame runaway energy...
By: Hart Energy’s – Oil & Gas Investor – via Yahoo – While 2020 and first-half 2021 were overwhelmingly challenging for oil...
By: Emma Newburger – CNBC – The Biden administration on Monday announced it will send $1.15 billion to states to plug thousands...
By: Jude Clemente – Forbes – No one ever went broke underestimating the intelligence of the American public,” H. L. Mencken –...
King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment.
The announcement, made by Buckingham Palace on Monday evening, came a week after the 75-year-old sovereign was discharged from a London hospital, after a procedure to treat an enlarged prostate. The palace did not disclose what form of cancer he has but said the cancer was detected during that procedure.
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and major equity futures which are modestly lower as traders are cautious following Fed Chairman Powell’s hawkish tone last week.
WTI and Brent crude oil futures are adding to last week’s sharp losses as concerns over “higher-for-longer” interest rates and a higher dollar outweighs increasing geopolitical tensions in the Middle East. Over the weekend, the White House national security adviser said the U.S. intends to launch more strikes at Iran-backed groups in the Middle East. This comes as the U.S and Britain targeted Tehran-aligned factions in Iraq, Syria and Yemen over the past three days. The U.S Central Command also said they conducted strikes in self-defense against seven Houthi anti-ship missiles preparing to launch against vessels in the Red Sea. Elsewhere, two Ukrainian attack drones struck the largest oil refinery in southern Russia on Saturday which is the latest in a series of long-range attacks on Russian oil facilities.
Natural gas futures are lower as forecasts Sunday afternoon have everywhere West of the Rockies ex-TX, CO and NM experiencing above-normal temperatures.
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By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
The United States and Saudi Arabia have launched what is being described as a...
The global oil market is facing one of its most complex periods in recent...
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[Reuters] By Lisa Baertlein and Jarrett Renshaw | U.S. energy groups are asking President...
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All regions of the North America electric grid are expected to have sufficient resources...
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