By Becky Yerak, The Wall Street Journal ~ Arena Energy LP has filed for bankruptcy with a plan to sell virtually all...
By: David Blackmon – Forbes – Just when you thought 2020 could not get any worse for the oil and gas industry,...
by JACK MONEY, THE OKLAHOMAN ~A federal judge ordered Sunoco Logistics to pay interest and punitive damages totaling about $155 million on nearly...
OKLAHOMA CITY (AP) – After initial charges were filed in May, a federal grand jury in Oklahoma City has indicted three men, accusing...
By: Kevin Crowley – Bloomberg – Malaysia’s state-backed oil company Petroliam Nasional Bhd. has had preliminary talks about buying Permian Basin shale driller DoublePoint...
By: S&P Global Platts – With the US’ 2020 presidential election less than three months away, Cimarex’s drilling plans could change if...
By Haley Samsel – Fort Worth Star-Telegram – Thanks to a partnership with a geoscientist in the Permian Basin, a family-owned oil...
Hellenic Shipping News – The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess...
Reuters – Oil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and...
By Katie Watkins – Houston Public Media – Oil and gas producers in Texas are set to face fewer regulations on greenhouse...
Alaska is poised for its first oil production increase in nine years, with output projected to climb by 16,000 barrels per day to reach 438,000 bpd in 2026, according to the Energy Information Administration. The rise, driven by ConocoPhillips' Nuna project and Santos and Repsol's Pikka development, would be the state's biggest since 2002.
Three years after Russia's invasion of Ukraine, Europe has reduced its reliance on Russian gas by shifting towards renewables and increasing liquefied natural gas imports from the US. However, much of the decrease in gas demand stemmed from high prices and mild winters rather than permanent policy changes, raising questions about the sustainability of the current energy mix.
Crude futures were on track to notch back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.
A weekly fall in U.S. gasoline demand reported by the Energy Information Administration on Wednesday, meanwhile, fed concerns over the economy's outlook and energy demand, contributing to losses in oil prices for the month to date.
-- West Texas Intermediate crude for April delivery rose 94 cents, or 1.4%, to $68.10 a barrel on the New York Mercantile Exchange ahead of the contract's expiration at the end of the session. The May WTI contract was up 99 cents, or 1.5%, at $67.90.
-- May Brent crude was up 64 cents, or 0.9%, at $71.42 a barrel on ICE Futures Europe.
-- April gasoline tacked on 0.5% to $2.1813 a gallon, while April heating oil added 0.7% to $2.2476 a gallon.
-- Natural gas for April delivery traded at $4.136 per million British thermal units, down 2.6%.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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