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 –...
By: Christopher Helman – Forbes – Dallas billionaire Trevor Rees-Jones says he’s been running around “with my pants on fire” the last...
By: Emma Newburger – CNBC – The Los Angeles City Council on Wednesday voted to ban new oil and gas wells and...
By: Jordy Lee – ForeignPolicy.com – In October 2020, the French government blocked a $7 billion deal between Engie, a partially state-owned French...
By: Beth Wells – KOSU – Researchers at the University of Oklahoma were awarded $1.7 million from the U.S. Department of Energy...
By: Alex Longley – Bloomberg – The oil market is running out of sellers in its surge to almost $90 a barrel....
The energy sector is off to a higher start, supported by strength in the underlying commodities. U.S. stock index futures slipped on Monday as Treasury yields continued to rise in expectation of a tighter monetary policy, while Bank of America wrapped up earnings from Wall Street lenders with a better-than-expected quarterly profit.
WTI and Brent crude oil are up in early trading, erasing earlier losses that were caused by worries over slowing demand in China. However, concerns over tight global supply, the war in Ukraine and outages in Libya pushed oil prices into positive territory. Adding to supply pressures from sanctions on Russia, Libya's National Oil Corp warned "a painful wave of closures" had begun hitting its facilities and declared force majeure at Al-Sharara oilfield and other sites. NOC said the closures were caused by "a group of individuals" entering facilities. Groups in eastern Libya protesting at oil plants want the Tripoli-based prime minister to quit in favor of a recently appointed rival. With global energy markets already restricted due to the Ukraine crisis, more losses from Libya's recent 1.2 million barrels-per-day average output will put further pressure on prices.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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