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...
By: Kevin Crowley – Bloomberg – President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies...
King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment.
The announcement, made by Buckingham Palace on Monday evening, came a week after the 75-year-old sovereign was discharged from a London hospital, after a procedure to treat an enlarged prostate. The palace did not disclose what form of cancer he has but said the cancer was detected during that procedure.
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and major equity futures which are modestly lower as traders are cautious following Fed Chairman Powell’s hawkish tone last week.
WTI and Brent crude oil futures are adding to last week’s sharp losses as concerns over “higher-for-longer” interest rates and a higher dollar outweighs increasing geopolitical tensions in the Middle East. Over the weekend, the White House national security adviser said the U.S. intends to launch more strikes at Iran-backed groups in the Middle East. This comes as the U.S and Britain targeted Tehran-aligned factions in Iraq, Syria and Yemen over the past three days. The U.S Central Command also said they conducted strikes in self-defense against seven Houthi anti-ship missiles preparing to launch against vessels in the Red Sea. Elsewhere, two Ukrainian attack drones struck the largest oil refinery in southern Russia on Saturday which is the latest in a series of long-range attacks on Russian oil facilities.
Natural gas futures are lower as forecasts Sunday afternoon have everywhere West of the Rockies ex-TX, CO and NM experiencing above-normal temperatures.
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
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