By: David Wethe, Kevin Crowley, and Sergio Chapa – Bloomberg – Oil prices above $80 a barrel are once again spurring a...
By: John M. Nelson – Haute Lawyer – After two years of negotiations, Ovintiv Inc. has agreed to pay $19.5 million to...
By: Josyana Joshua – BNN Bloomberg – Low-carbon fracking—as oxymoronic as it sounds—is gaining traction across the U.S. But since it still...
By: Mella McEwen – Midland Reporter-Telegram – In recent years, Tim Dunn, chief executive officer of CrownQuest Operating, has seen public companies...
Three local men including a former Continental Resources employee who were accused of diverting unclaimed royalties to enrich themselves recently pleaded guilty...
By: Judith Kohler – The Denver Post – The recovering economy is driving up natural gas prices, which could boost energy companies’...
By: David French & Arathy Nair – Reuters – ConocoPhillips (COP.N) is offering to sell about $500 million in conventional oil and gas...
Press Release – US DOJ – Devon Energy Corporation, an Oklahoma-based oil and natural gas exploration and production company, and its affiliates,...
By: Reuters – Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80, as a...
By: Bozorgmehr Sharafedin – Reuters – Oil prices extended gains on Thursday, riding higher on growing fuel demand and a bigger-than-expected draw...
The energy sector is off to a mixed start, supported by strength in crude oil contracts, while the broader market futures are lower ahead of the release of minutes from the Federal Reserve’s July policy meeting. Two mid-stream deals were announced this morning, with Energy Transfer announcing it will acquire Crestwood Energy Partners in an all-cash deal worth $7 billion and Holly Sinclair announced it will purchase the remaining shares of Holly Energy Partners for $21.57 per unit in cash and stock.
WTI and Brent crude oil futures are edging higher following two-consecutive days of losses as tight supply, a weaker dollar, and high gasoline demand modestly outweigh sluggish economic data from China. July’s retail sales and industrial output data from China has worried traders who are wondering whether China will meet its growth target of 5% for the year without more stimulus. Market participants are also skeptical that yesterday’s unexpected rate cut from China will be enough to boost their economy. Gasoline demand has surged to its highest levels this year as U.S. motorists try to squeeze one last trip before the Labor Day holiday. Last night’s API data showed a draw of 6.195M barrels, much larger than analysts had expected.
Natural gas futures are extending yesterday’s losses, on expectations for a build in last week’s inventory of +38 Bcf vs 5-year average +41 Bcf.
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
Data centers across the United States are increasingly grappling with one of the most...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
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