By: Carolyn Davis – Natural Gas Intelligence – The Permian Basin will be the go-to target for Devon Energy Corp. this year,...
By: Joe Wallace – MarketWatch – The deep freeze that plunged Texas into darkness is rippling through energy markets in unexpected ways,...
By: Alex Lawler & Jennifer Hiller – Reuters – OPEC and U.S. oil companies see a limited rebound in shale oil supply...
By: Catherine Leffert – Dallas Business Journal – Tailwater Capital has announced several midstream acquisitions in the last month, utilizing a $1.1...
By: Paul O’Donnell and Kyle Arnold – The Dallas Morning News – Dallas-based pipeline giant Energy Transfer is acquiring an Oklahoma City...
By: Adrian Hedden – Carlsbad Current-Argus – EOG Resources, a major natural gas operator in the Permian Basin planned to use solar...
By: Rachel Adams-Heard – Bloomberg – Chris Bird first saw the rumors of soaring gas prices Friday morning on Twitter. Physical natural...
BY LETICIA GONZALES – Spot gas prices surged to all-time highs across much of the United States during the Feb. 7-12 week as...
By: Paul Hickin – S&P Global Platts – Major energy institutions are adopting a cautionary tone over oil demand in 2021, with...
By: Sergio Chapa – Bloomberg – Chesapeake Energy Corp., the once-iconic energy explorer that helped ignite the American shale-gas boom, is emerging...
Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, SOTE and OCP, halted flows due to worsening erosion in the Amazonian province of Napo. The company suspended activities this week to prevent further damage to critical infrastructure as erosion along the Coca River continues to threaten oil transport lines and the Coca Codo Sinclair hydroelectric plant, Ecuador’s largest.
Crude oil prices fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as part of a continuing effort to reclaim market share by lowering prices.
Meanwhile, U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
U.S. drivers may pay the lowest Independence Day prices for gasoline at the pump since 2021, as easing tensions between Israel and Iran have helped pull oil prices lower. However, whether cheaper fuel prices will persist for the rest of the summer is a bit harder to predict.
Heightened production from the Organization of the Petroleum Exporting Countries and its allies (OPEC+), along with trade-policy concerns, have muted the “typical springtime rise in prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Earlier this week, the average price for regular unleaded gasoline was $3.155 a gallon, according to GasBuddy. That’s up 6.2 cents a gallon from a month ago, but down 34 cents from a year ago.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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