By: Camille Erickson – The Fairfield Sun Times – Gov. Mark Gordon launched an economic stimulus program on Wednesday to help the...
By: Avi Salzman – Barrons – Oil and gas stocks would almost certainly be better off under four more years of President...
By: David Blackmon – Forbes – Assuming that the various challenges being filed by President Donald Trump this week to election results...
By: Ken Childers – Okemah News Leader – A U.S. Supreme Court ruling that altered the jurisdictional landscape of much of eastern...
By: White & Case LLP – JDSupra – The oil and gas sector has been one of the hardest hit by COVID-19...
By: Sami Sparber – The Texas Tribune – Republican Jim Wright defeated Democrat Chrysta Castañeda in the race for Texas Railroad Commissioner,...
By: Eric Rosenbaum – CNBC – Some high-profile companies at the forefront of technology innovation, including Apple and Tesla, split their stock...
By: Collin Eaton and Rebecca Elliot – WSJ – A split reality is emerging for U.S. shale drillers: Those that primarily pump...
By: The Guardian – Royal Dutch Shell has reinstated its decades-long commitment to increasing shareholder payouts, despite admitting that its oil production may...
By: Kevin Mooney – The Philadelphia Inquirer – Pennsylvania stands out among neighboring states as an energy powerhouse that has made smart...
The energy sector is off to a higher start, supported by strength in the underlying commodities. U.S. stock index futures slipped on Monday as Treasury yields continued to rise in expectation of a tighter monetary policy, while Bank of America wrapped up earnings from Wall Street lenders with a better-than-expected quarterly profit.
WTI and Brent crude oil are up in early trading, erasing earlier losses that were caused by worries over slowing demand in China. However, concerns over tight global supply, the war in Ukraine and outages in Libya pushed oil prices into positive territory. Adding to supply pressures from sanctions on Russia, Libya's National Oil Corp warned "a painful wave of closures" had begun hitting its facilities and declared force majeure at Al-Sharara oilfield and other sites. NOC said the closures were caused by "a group of individuals" entering facilities. Groups in eastern Libya protesting at oil plants want the Tripoli-based prime minister to quit in favor of a recently appointed rival. With global energy markets already restricted due to the Ukraine crisis, more losses from Libya's recent 1.2 million barrels-per-day average output will put further pressure on prices.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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