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,...
By: Clifford Krauss – The New York Times – Oil and gasoline prices are climbing. Energy company profits are surging. President Biden,...
Benchmark U.S. crude oil for January delivery fell 15 cents to $71.43 per barrel Friday.
Brent crude for February delivery fell 6 cents to $76.55 per barrel.
Wholesale gasoline for January delivery rose 2 cents to $2.14 a gallon.
January heating oil rose 3 cents to $2.62 a gallon.
January natural gas rose 10 cents to $2.49 per 1,000 cubic feet.
Public Permian player Battalion Oil Corp. is being acquired by a private E&P after continuing to explore strategic alternatives.
Fury Resources Inc. will acquire all of Battalion’s outstanding common shares for $9.80 per share in cash, representing a total transaction value of approximately $450 million, the companies announced on Dec. 15.
A climate activist has been jailed for six months after pleading guilty to taking part in a peaceful slow march protest on a London road.
The sentence handed to Stephen Gingell, 57, is thought to be the first jailing under a new law that critics say makes anyone walking in a road liable for prosecution for “interference with key national infrastructure”.
Section 7 of the Public Order Act 2023 bans any act that prevents newspaper printing presses, power plants, oil and gas extraction or distribution sites, harbors, airports, railways or roads “from being used or operated to any extent”, with a potential penalty of 12 months in jail.
The Energy Department has announced up to $890 million in federal funding to be split between several carbon capture and storage projects at natural gas and coal plants in North Dakota, Texas, and California. The projects collectively aim to block the release of about 8.54 million short tons of carbon dioxide per year.
Howard Midstream Energy Partners has finalized $800 million worth of expansion projects that boost natural gas pipeline, processing, and storage capacities available to operators in the Delaware Basin and Eagle Ford Shale. HEP has also expanded its midstream terminal in Port Arthur, Texas, to accommodate renewable diesel feedstock and finished product from a new 470-million-gallon-per-year renewable diesel plant at Valero Energy's 395,000-bpd Port Arthur refinery.
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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