El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a company he helped establish six years ago, have...
By Simon Watkins for Oilprice.com |Following the sudden removal of longtime Syrian President Bashar al-Assad from office on 8 December, the new...
By Felicity Bradstock | OilPrice.com | Several U.S. oil and gas companies have warned that they will not be looking to increase production...
On February 1, President Donald Trump officially announced a broad set of tariffs that will hit imports from Canada and Mexico at...
Chris Mathews | Hart Energy, via Yahoo Finance | Diamondback Energy will drop down billions of dollars in mineral and royalty interests to its...
Infinity Natural Resources, Inc. (“Infinity”) has officially made its Wall Street debut, announcing the pricing of its initial public offering (IPO) at...
By Georgina McCartney (Reuters) – Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become...
Dealmaking in the U.S. oil and gas industry reached $105 billion in 2024 while the Permian lead the way. 2024 ranked as...
by Andreas Exarheas |RigZone.com| U.S. natural gas is dipping back on the fact that the weather forecast is warming up in the U.S....
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has sent shockwaves through industries ranging from artificial intelligence...
The energy sector is poised for a higher start, backed by strength in the crude complex but gains will be capped by a drop in broader equity sentiment. Futures dipped lower this morning after Walmart cut its profit forecast amid rising food inflation, sending retail stocks tumbling in the premarket. The news comes ahead of a busy week of earnings, economic data, as well as the outcome of the Federal Reserve meeting with the markets expecting a three-quarter percentage point hike. On the economic front, investors are expecting the latest reading of the Case-Shiller Home Price Index, the consumer confidence report and new home sales data later this morning.
WTI and Brent crude oil futures continued to gain ground for a second day, boosted by increasing concerns about tightening European supply after Russia cut gas supply through a major pipeline. The gains come despite the strength of the dollar. Gazprom said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity and the cut in supplies is expected to leave countries unable to meet their goals to refill natural gas storage ahead of the winter demand period.
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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