By: Reuters – No new liquefied natural gas (LNG) export projects could be approved this year for the first time in at...
By: Clare Duffy – CNN Business – IBM wants to dig more deeply into oil and gas. In partnership with oilfield services...
By: Jenniffer Hiller – Reuters – Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead...
By: Reuters – Canada’s main crude-producing province Alberta looks to use hydrogen to fuel the expansion of its oil sands without increasing...
By: John Kemp – Reuters – The U.S. oil industry probably passed the low point in the current cycle in July and...
By: Myra P. Saefong – Barrons – Natural gas futures rallied in August, tacking on nearly 50% to their largest monthly percentage...
By: Reuters – Oil and gas companies plunged over $156 billion into corporate takeovers and land deals during the second US shale...
Bloomberg – Oil rose above $43 a barrel in New York, snapping a two-day drop, as China’s economic recovery continued. West Texas...
OKLAHOMA CITY, Aug. 27, 2020,/PRNewswire/ — PANHANDLE OIL AND GAS INC. (NYSE: PHX) (“Panhandle”) today announced that it has agreed to acquire two packages of...
By: Clyde Russell – Reuters – Much of the surge in China’s imports of crude oil in recent months has been provided...
Energy stocks have opened higher, lifted by rising oil and natural gas prices and continued inflation expectations and rotations out of growth and into value equities. The 10-year yield is back at 3-year highs, trading above 2.6%.
In sector news, Piper Sandler upgraded five separate E&Ps, along with TotalEnergies, and the bank also increased a number of price targets across its E&P coverage.
Oil prices remain firm, up over 1%, as global oil demand and tight supplies are expected to keep prices at elevated levels. Additionally, austere Covid-related shutdowns in China are expected to further limit near-term demand increases.
Natural gas futures are higher by nearly 2%, trading around $6.15, ahead of weekly inventory data. Analysts expect a draw of 28 bcf.
Was perhaps best @TheMasters Club Dinner I recall. Great company & conversation. Food was sensational! Best part was when Hideki Matsuyama, who doesn’t speak English well, gave a 3-min speech in English—without a single note. @GaryPlayer then responded. In Japanese. With notes.😉 pic.twitter.com/AShWaaZzvk
— Jack Nicklaus (@jacknicklaus) April 6, 2022
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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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