By: Kevin Crowley and Sergio Chapa – Bloomberg – Texas’s main oil regulator has been prohibited from waiving environmental rules and fees,...
By: Janelle Stecklein – Pauls Valley Daily Democrat – The year 2020 has been the worst in recent memory for the state’s...
By: Thomas Lee – Argus Media – Private equity (PE) investors are accelerating a shift away from the US shale oil sector...
By: Adrienne Murray, Denmark – BBC – Denmark will end all new oil and gas exploration in the North Sea, as part...
By: Greg Avery – Denver Business Journal – FourPoint Energy is getting out of oil and gas operations in Oklahoma after a...
By: Reuters – Exxon Mobil on Monday said it would write down the value of natural gas properties by $17 billion to $20...
By: Jennifer Hiller & Scott DiSavino – Reuters – Higher natural gas futures prices for 2021 and a continued glut of crude...
By: Noah Browning and David Evans – Reuters – The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts...
By: Laura Sanicola – Reuters – If U.S. President-elect Joe Biden tries to restrict the development of oil and gas drilling on...
By: Dania Saadi – S&P Global Platts – Abu Dhabi National Oil Co.’s (ADNOC) oil discoveries will help boost its production capacity...
The energy sector is off to a higher start, tracking gains in the underlying commodities. U.S. equities are mixed in pre-market trading as investors await key inflation data later this week. U.S. consumer price inflation figures for April will be released on Wednesday which will have an influence on the Fed's stance towards future interest rate decisions.
WTI and Brent crude oil futures jumped this morning on easing recession concerns and as investors purchase energy contracts at a bargain following three-consecutive weeks of declines. Some traders believe the recent sell-off is over with Goldman Sachs analyst over the weekend saying that concerns over near-term demand and elevated supplies were "overblown". Voluntary output cuts made by OPEC+ begin this month and the group holds its next meeting on June 4th. The market will be keeping an eye out for OPEC's latest monthly oil market report which is due on Thursday and will provide an updated reading on the demand and supply outlook.
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...
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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