By: Ron Bousso, Jessica Resnick-Ault, David French – Reuters – The sale could be for part or all of Shell’s position in...
By: Joshua Mann – Houston Business Journal – Houston-based Occidental Petroleum Corp. (NYSE: OCY) is continuing its divestment campaign with a new...
By: Erika Stanish – FOX25 – The Oklahoma State Treasurer announced the state’s economy is “rapidly emerging” from the COVID-19 pandemic. Oklahoma...
By: Jack Money – The Oklahoman – A guilty plea in federal court submitted by a former Continental Resources employee is related...
By: Alex Lawler – Reuters – Oil jumped to a two-year high above $72 a barrel on Monday, extending this year’s rally...
By: J. Carl Cecere – Bloomberg Law – Texas, like a number of resource-rich, low-regulation, free-market states in the West, is home...
By: Tsvetana Parask – OilPrice – The surge in climate activism demanding that Big Oil drastically cut emissions and shift strategies to...
By: Dimitry Zhdannikov – Reuters – Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the...
By: Avi Salzman – Barrons – Chesapeake Energy, the Oklahoma oil and gas producer that emerged from bankruptcy in February, was Exhibit A...
By: Brandon Evans – S&P Global Platts – Although Bakken natural gas production rebounded over the past year, volumes look to dip...
Benchmark U.S. crude oil for March delivery rose 42 cents to $80.14 a barrel Monday. Brent crude for April delivery rose 22 cents to $86.61 a barrel.
Wholesale gasoline for March delivery rose 3 cents to $2.53 a gallon. March heating oil rose 5 cents to $2.91 a gallon. March natural gas fell 11 cents to $2.40 per 1,000 cubic feet.
WTI and Brent crude oil are trading up slightly as traders are concerned over short-term demand ahead of key U.S. inflation data which will provide more color on the Fed’s monetary policy. Following supply concerns caused last week, a cargo of Azeri crude set sail from Turkey's Ceyhan port on Monday, the first since a devastating earthquake hit the region on Feb. 6. Russia’s surprise announcement of their production cut in response to Western sanctions, continues to lend support to oil futures. According to Deputy Prime Minister Alexander Novak, Russia plans to sell more than 80% of its oil exports to what it calls "friendly" countries in 2023
Natural gas futures are down this morning as warmer-than-normal weather lowers heating demand in key consuming regions. The amount of natural gas flowing from pipelines to Freeport LNG's export plant in Texas was on track to jump this morning to its highest since the facility shut in a fire in June 2022, a sure sign the plant started liquefying gas again.
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...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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