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...
By: Irina Slav – OilPrice.com – “There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said...
By: Scott DiSavino – Reuters – U.S. drillers this week added oil and natural gas rigs for an 11th week in a...
By: Paul Takahashi – Houston Chronicle – Nearly 60,000 oil exploration and production jobs in Texas were lost in 2020, a staggering...
By: Jennifer A. Dlouhy – Bloomberg – The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without...
Benchmark U.S. crude oil for April delivery rose 96 cents to $76.68 a barrel Friday. Brent crude for May delivery rose $1.19 to $82.78 a barrel.
Wholesale gasoline for April delivery rose 4 cents to $2.65 a gallon. April heating oil rose 10 cents to $2.77 a gallon. April natural gas fell 11 cents to $2.43 per 1,000 cubic feet.
The energy sector is showing strength this Friday morning.
Following three-consecutive sessions of declines, WTI and Brent crude oil futures are trading higher, reversing early morning losses following the release of U.S. jobs data. Oil prices turned positive as fresh labor data calmed worries about the prospect of steep interest rate hikes in the United States hitting fuel demand. U.S. Fed Chair Jerome Powell previously warned of higher and potentially faster rate hikes, saying the Fed was wrong in initially thinking inflation was "transitory". Its next decision meeting is planned for March 21-22. The EU struck a deal to cut final energy consumption across the bloc by 11.7% by 2030, a goal lawmakers said would help fight climate change and curb Europe's use of Russian fossil fuels.
Natural gas futures are down in early trading, sliding to a two-week low on forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
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....
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,...
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