From The Guardian – California’s governor has moved to ban new fracking permits by 2024 and halt all oil extraction by 2045....
By: Dan Swinhoe – Data Center Dynamics – Oil and gas company Getka is installing a new solar farm at one of...
By: Holly Barker – Bloomberg Law – The Supreme Court of Oklahoma tossed a $19 million attorneys’ fee award, along with a...
By: Myra P. Saefong – MarketWatch – It’s been a year since U.S. benchmark West Texas Intermediate crude futures made history by...
By: Matthew Daly – The AP – Interior Secretary Deb Haaland on Friday revoked a series of Trump administration energy orders that...
Warning: This article is going to deal in facts. FACT: Give politicians a crisis to exploit and you will have less freedom...
By: Kristen Mosbruker – The Advocate – Chesapeake Energy Corp. is piloting new technology in North Louisiana to monitor methane gas emissions...
By: Rystad Energy – Fracking in North America has almost recovered to pre-pandemic levels, with the count of started frac jobs reaching...
By: Tim McDonnell – QUARTZ – Orphaned wells are poised to overwhelm the US. Millions of oil and gas wells have been abandoned...
By: Nicholas Groom – Reuters – A U.S House of Representatives Democrat introduced a bill on Thursday authorizing $8 billion to plug...
The energy sector is off to a lower start, pressured by weakness in the crude complex. U.S. equity futures are mixed as investors brace themselves for more quarterly earnings reports.
WTI and Brent crude oil futures are trading lower, following last week’s short-covering rally as investors wait for Chinese economic data which will provide more color on the country’s demand recovery. On Tuesday, China will release its first-quarter GDP data which is expected to be positive for commodities as forecasts suggest they will account for most of 2023 demand growth. However, according to the IEA, further supply tightening by OPEC+ is anticipated to hurt economic growth during the latter half of the year. Oil exports from northern Iraq to Turkey remain halted for almost three weeks which is lending additional support to futures.
Natural gas futures are up as the NOAA’s 8-14 day outlook forecasts below-normal temperatures for key consuming regions.
Deadly clashes broke out on Saturday in Sudan’s capital, Khartoum, and several other cities as months of rising tensions between rival factions of the armed forces turned into an all-out battle for control of one of Africa’s biggest countries.
At least 30 people were killed and hundreds were injured, according to United Nations officials, after fighting that erupted early Saturday at a military base in Khartoum quickly spread to the presidential palace, the international airport and the headquarters of the state broadcaster. As residents cowered in their homes amid gunfire and explosions, warplanes screeched over rooftops at low altitudes.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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