By: The Dallas Morning News – By the year 2050, 8 of 10 cars sold globally will likely be electric. That’s a...
By: Cifford Kraus – The New York Times – Joseph R. Biden Jr.’s promise that he would “transition” the country away from...
By: Adrian Hedden – Carlsbad Current-Argus – Economic analysts are warning that New Mexico could be unable to rely on its oil...
By: Valerie Volcovici & Jessica Resnick-Ault – Reuters – The addition of Amy Coney Barrett to the Supreme Court, moving it further...
By: Bill Holland – S&P Global Platts – Driven by low crude oil prices, U.S. independent shale oil drillers are consolidating at...
By: Myles McCormick – Financial Times – Pioneer Natural Resources has agreed to buy rival Parsley Energy for $7.6bn including debt, marking...
By: Paul Takahashi – Houston Chronicle – ConocoPhillips has long eschewed mergers and acquisitions in favor of disciplined spending and steady, organic...
By: Scott DiSavino – Reuters – Spot natural gas prices at the Waha Hub in the Permian basin in West Texas turned...
By: Adrian Hedden – Carlsbad Current-Argus – New Mexico state oil and gas regulators released the final version of proposed emissions regulations...
By: Harry Weber – S&P Global Platts – An unusually active Atlantic hurricane season has tested the resilience of US liquefaction infrastructure...
WTI and Brent crude oil futures are trading higher as a drop in U.S. oil inventories and concerns over tighter supplies from Russia and Libya drove a recovery from yesterday’s losses. Oil production in Libya is continuing to slow down as the blockades on major fields and export terminals is causing Libya to lose more than 550,000 barrels per day in oil production, the National Oil Corporation media office said. Following the sanctions on Russia over their invasion of Ukraine, nine tankers carrying Russian-origin crude and fuel oil have discharged in the United States in April, likely the last ones to deliver before a wind-down set by Washington expires this week.
Natural gas futures rebounded this morning after yesterday’s sharp losses as concerns over future Russian gas supplies linger and amid high demand for LNG exports.
Demand for oil is spiking. So why are North Dakota rigs lying idle?
Bryant➛ https://t.co/ws6ViaDm6l #bakken #NorthDakota #Montana
— BakkenBlog News (@bakkenblog) April 16, 2022
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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