Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking a significant step in the country’s evolution into...
Story by Adam Kemp |PBS News| When Rhiannon Kymer opened the doors of her Oklahoma oilfield supply store in January, she was...
Diamondback Energy has announced a $4.08 billion cash-and-stock acquisition of select subsidiaries of Double Eagle IV Midco, LLC, a move that strengthens...
Story By Felicity Bradstock |OilPrice.com| President Trump has doubled down on his pledges to allow for more fossil fuel production and reign...
President Donald Trump’s declaration of a “national energy emergency” in early 2025 has sent ripples across the global energy landscape. His aggressive...
President Donald Trump announced Thursday that the United States is set to boost oil and gas exports to India, a move aimed...
By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made up their mind whether the new U.S. administration...
by Lucia Kassai – (Bloomberg) — US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to...
In a significant move within the energy sector, Elliott Investment Management, one of the world’s most prominent activist hedge funds, has acquired...
On Monday, President Donald Trump reignited the energy debate by announcing a bold new energy partnership with Japan that could reshape the...
King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment.
The announcement, made by Buckingham Palace on Monday evening, came a week after the 75-year-old sovereign was discharged from a London hospital, after a procedure to treat an enlarged prostate. The palace did not disclose what form of cancer he has but said the cancer was detected during that procedure.
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and major equity futures which are modestly lower as traders are cautious following Fed Chairman Powell’s hawkish tone last week.
WTI and Brent crude oil futures are adding to last week’s sharp losses as concerns over “higher-for-longer” interest rates and a higher dollar outweighs increasing geopolitical tensions in the Middle East. Over the weekend, the White House national security adviser said the U.S. intends to launch more strikes at Iran-backed groups in the Middle East. This comes as the U.S and Britain targeted Tehran-aligned factions in Iraq, Syria and Yemen over the past three days. The U.S Central Command also said they conducted strikes in self-defense against seven Houthi anti-ship missiles preparing to launch against vessels in the Red Sea. Elsewhere, two Ukrainian attack drones struck the largest oil refinery in southern Russia on Saturday which is the latest in a series of long-range attacks on Russian oil facilities.
Natural gas futures are lower as forecasts Sunday afternoon have everywhere West of the Rockies ex-TX, CO and NM experiencing above-normal temperatures.
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 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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