By: Oilprice.com – How quickly fortunes can change in the oil and gas business. Last year, U.S. oil and gas companies were...
By: Reuters – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go...
By: Weishen Tan – CNBC – There’s been a “significant uptick” in Russian oil deliveries bound for India since March after Russia’s...
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, oil companies and...
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to...
ConocoPhillips is considering selling its gas-producing assets in the Anadarko basin of North Texas and Western Oklahoma, in the US, reported Reuters,...
HOUSTON (Reuters) –Occidental Petroleum on Wednesday outlined plans to advance its clean energy transition business, including spending between $800 million and $1...
JPMorgan Chase CEO Jamie Dimon told President Biden the White House needs to create a “Marshall Plan” to develop more domestic gas...
By: Adrian Hedden – Carlsbad Current Argus – A Houston-based oil and gas company sold off multiple Permian Basin properties to make...
By: Brittany Cronin – NPR – It might seem like a logical fix. With domestic gasoline prices surging this month, oil producers...
The energy sector is off to a mixed start, reeling ahead of the bell as traders balance mild-strength in the crude complex against weakness in the major equity futures which steadied this morning as the third-quarter earnings season gained momentum and ahead of a busy economic data calendar.
WTI and Brent crude oil futures inched higher in early trading following yesterday's over $1 decline, gaining ahead of a trip by President Biden to the Middle East that is likely to involve balancing support for Israel with containing a regional escalation of its war with Hamas. Venezuela's government and opposition are set to resume long-suspended talks today which President Nicolas Maduro said would benefit the 2024 election, a move that could lead to Washington easing sanctions. There is also some focus on Russian President Putin's visit to key trade partner China although no new energy deals are expected. Attention will now shift to the weekly U.S. inventory cycle beginning today, with API's report due out after the close followed by the official EIA data mid-day tomorrow.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
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