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...
By: Bryce Erickson – Forbes – The recent rise of oil prices returning to over $50 per barrel is a welcome sign...
By: Derek Brower and Myles McCormick – Financial Times – Smaller, slower, and more profitable. These are the watchwords for Chesapeake Energy...
By: Victoria Cavaliere – Business Insider – Exxon and Chevron discussed merging the oil companies last year, a move that would have...
By: Starr Spencer – S&P Global Platts – The US oil and gas rig count jumped climbed 12 to 442 in the...
By: Andrew Baker – NGI – Lower 48 oil and gas producers have drawn down their inventory of drilled but uncompleted (DUC)...
Vladimir Putin is a “thug”, says Mikhail Khodorkovsky, a former oil mogul and political prisoner. The West must face him down now or prepare for something worse, he warns in a guest essay for The Economist https://t.co/at6d8QyQtL
— The Economist (@TheEconomist) March 26, 2022
BREAKING: Houthi missile hits Aramco oil facility in Jeddah, Saudi Arabia pic.twitter.com/0TnMQ7s76Q
— BNO News (@BNONews) March 25, 2022
March 25, From REUTERS, The United States will work to supply 15 billion cubic meters of liquefied natural gas (LNG) to the European Union this year to help it wean off Russian energy supplies, the transatlantic partners said on Friday.
The EU is aiming to cut its dependency on Russian gas by two-thirds this year and end all Russian fossil fuel imports by 2027 due to Russia's invasion of Ukraine. Russia supplies around 40% of Europe's gas needs.
Concerns over security of supply were reinforced this week after Russia ordered the switch of gas contract payments to roubles, raising the risk of a supply squeeze and even higher prices. read more
Whether the weakness persists will show up first in structure and stocks: if spreads...
Estate planning for mineral owners: how trusts secure oil & gas assets, speed inheritance,...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
In a rare win for both production and environmental performance, a new analysis by...
A high-stakes courtroom fight in Delaware has pitted bidders for the parent company of...
Vortexa’s figures exclude oil in floating storage, defined as oil stored on stationary vessels...
Crews have begun construction on what will become Texas’s first end-to-end produced water lithium...
Story By Charles Kennedy |OilPrice.com| Texas’ inventory of orphaned oil and gas wells has...
One of the busiest refining and petrochemical clusters on the Gulf Coast is now...
By Tsvetana Paraskova for Oilprice.com | U.S. oil and gas producers seek efficiencies and...
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