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...
By: Samanth Subramanian – QUARTZ – Not for the first time, China is attempting to buy oil in yuan rather than dollars, and now...
March 16 (Reuters) – Privately held Red Bluff Resources LLC and its partner Bricktown Energy are working with an investment bank to...
The next move for oil prices could fall under a “good,” “bad,” or “ugly” scenario, according to BofA strategists. The three different...
The energy sector is off to a higher start, tracking gains in the underlying commodities. U.S. equities are mixed in pre-market trading as investors await key inflation data later this week. U.S. consumer price inflation figures for April will be released on Wednesday which will have an influence on the Fed's stance towards future interest rate decisions.
WTI and Brent crude oil futures jumped this morning on easing recession concerns and as investors purchase energy contracts at a bargain following three-consecutive weeks of declines. Some traders believe the recent sell-off is over with Goldman Sachs analyst over the weekend saying that concerns over near-term demand and elevated supplies were "overblown". Voluntary output cuts made by OPEC+ begin this month and the group holds its next meeting on June 4th. The market will be keeping an eye out for OPEC's latest monthly oil market report which is due on Thursday and will provide an updated reading on the demand and supply outlook.
Forte, who was slated to be the favorite for Saturday’s Kentucky Derby, was scratched on the morning of the race.
The decision was made after Forte went through his routine gallop Saturday morning and a veterinary inspection. Forte’s defection adds to a strange and tragic week at Churchill Downs that began with the death of Wild On Ice, who was euthanized after a training injury. Two other horses were euthanized after suffering on-track injuries.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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