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 government in Turkmenistan has announced that it plans to close the Gates of Hell. The burning gas crater has been on...
By: Shariq Khan – Reuters – Unit Corporation, one of the top U.S. natural gas producers, has hired an investment bank for...
By: Shariq Khan – Reuters – Chesapeake Energy Corp (CHK.O) is in advanced talks to acquire privately-owned natural gas producer Chief Oil...
By: Haley Zaremba – OilPrice – As we kick off the new year, the race is on to predict the course that...
The crude oil market has already gained 10 percent since the start of the year and has further to go, Vitol’s head...
Over the past three years, dozens of cities across the country have banned natural gas hookups in newly constructed buildings as part...
The energy sector is off to a mixed to higher start, supported by strength in the crude complex and in the major equity futures. U.S. stock index futures turned higher as data showed July job growth in the United States was softer-than-expected, but retained enough momentum to likely shield the economy from a recession amid aggressive tightening by the Federal Reserve.
WTI and Brent crude oil futures are trading higher for the second-straight session after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to cut output through September. Following the meeting of an OPEC+ ministerial panel, the group made no changes to the current oil output policy after a Saudi decision to extend its voluntary production cut into September helped oil prices rally further. The group's output cuts, excluding the additional voluntary reductions from the three producers, amount to 3.66 million bpd, roughly 3.6% of global demand. The JMMC will hold its next meeting on Oct. 4.
Natural gas futures are down in early trading, retreating from yesterday’s gains while the NOAA's 6-10 day outlook shows above-normal temps across most of the western and southern US, especially over southeastern NM and western TX.
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...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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