By: Laurie Goering and Sebastian Rodriguez – Reuters – In late July, Costa Rica’s legislature was scheduled to vote on a bill...
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By: Valerie Volcovici and Nichola Groom – Reuters – The Biden administration on Tuesday unveiled a plan to slash emissions of the...
Denver-based natural gas company Antero Resources is letting all of its hedging contracts expire due to its confidence that higher oil and...
By: Pippa Stevens – CNBC – Chevron said Friday that it generated the highest free cash flow on record during the third quarter...
By: Bloomberg News – The culprit behind the latest jump in oil prices isn’t soaring natural gas prices or even OPEC+’s limits...
What is ESG and why should I care? ESG is a back door way of choking capital to the energy sector. Its...
By: Gerson Freitas Jr. – Pittsburgh Post-Gazette – U.S. natural gas prices soared the most in more than a year, erasing much...
By: Noah Browning – Reuters – Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply...
The energy sector is off to a mix to a higher start, supported by strength in the major equity futures despite losses in the oil markets. U.S. stocks are poised to rebound ahead of an expected interest rate hike by the Federal Reserve.
WTI and Brent crude oil futures are trading down on concerns about fuel demand and the possibility of a recession ahead of an expected interest rate hike by the U.S. Federal Reserve. Global macro continues to drive the oil markets as new inflation reports mixed with fast-changing views in the financial markets have increased the possibility the Fed will be more hawkish than investors had anticipated. This has opened the door to a 75-basis-point interest rate hike, in an attempt to curb inflation. China’s latest COVID-19 outbreak has lent some support to oil futures as investors are worried about a new phase of lockdowns. The EIA said in its monthly report that world oil demand will rise more than 2% to a record high in 2023, although soaring oil prices and weakening economic forecasts dimmed the future outlook.
Natural gas futures have gained followed yesterday’s sharp losses buoyed by intense heat, forecasts for more demand and higher global gas prices.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
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By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
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