By: James Osborne – Houston Chronicle -For years, a small clique of investors has questioned the logic of putting money into oil...
By: Rakteem Katakey – Bloomberg – BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the...
By: Rachel Adams-Heard and Kevin Crowley – Bloomberg – The meeting would mark the beginning of the end of Lea Frye’s career...
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...
The energy sector is moving higher this morning, supported by strength in the crude complex and in the major equity futures. Wall Street futures inched higher as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.
WTI and Brent crude oil futures are trading higher for the second-consecutive session due to comments made by the US Fed Chair on more interest rate hikes and on Israel's ongoing attacks on Gaza, fueling supply fears. However, weakening China's Price Index, which fell 2.7 percent yearly and 0.2 percent monthly in October, and the rise in US crude oil stockpiles by an estimated 11.9 million barrels limited price upswings. Meanwhile, OPEC+ is set to meet on Nov. 26 to establish production policy, and the focus will be on whether Saudi Arabia extends a 1 million barrel-per-day voluntary cut set to expire at the end of this year.
Natural gas futures slid for the fifth-straight day on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
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...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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