The European Union has drawn up plans to classify some nuclear power and natural gas plants as green investments that can help...
By: Scott DiSavino – Reuters – Germany on Friday shut down half of the six nuclear plants it still has in operation,...
Jan 3 (Reuters) – U.S. natural gas prices gained over 2% on Monday (closing at $3.81 per MMBtu, +8.5 cents) after output...
After the Deepwater Horizon offshore drilling rig exploded in 2010, environmentalists surveying the damage in the Gulf of Mexico came upon a...
By: Alex Longley – Bloomberg – Oil futures in New York dipped after their longest run of gains since February, as the...
By: Kimberly James – The Center Square – Oklahoma is second only to Texas in desirability to invest in the oil and...
By: Alex Lawler – Reuters – Oil fell on Monday after U.S. airlines called off thousands of flights over the Christmas holidays...
NEW YORK (Reuters) – Global oil demand roared back in 2021 as the world began to recover from the coronavirus pandemic, and...
By: Adrian Hedden – Carlsbad Current-Argus – Earthstone Energy, a Texas-based oil and gas company bought about $600 million in lands in...
By: Aaron McDade – Newsweek – Officials from the Bureau of Land Management on Tuesday announced the approval of two solar energy...
Oil prices are surging, with WTI trading around $110.59 and Brent crude oil at $113.28, amid tight global oil supply-demand dynamics. Meanwhile, OPEC+ agreed on Thursday to another modest monthly oil output increase, arguing that the producer group could not be blamed for disruptions to Russian supply and saying China's coronavirus lockdowns threatened the outlook for demand.
Natural gas futures are slightly lower, down 10 cents and trading around $8.31, near fresh 13-year highs. Stable production, tight supply, and Russian embargos are all contributing. Analysts expect a build of 69 bcf in today’s weekly inventory report.
Energy stocks are set to open mostly higher, with surging profits being reported across the sector, and large gains in oil and natural gas prices this morning underpinning the sector. A slew of earnings releases across the E&P, OFS, and driller groups reported last night and this morning were lifted by booming commodity prices, which have driven robust profits. The theme of passing through surplus cash flow to investors remained prevalent, with dividends boosted widely and share repurchase announcements both announced and increased.
ConocoPhillips, Shell, Pioneer Natural Resources, California Resources, and Chesapeake Energy were among those that either increased dividends and initiated or increased share repurchases.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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