By: David Blackmon – Forbes – A pair of new reports issued on Monday portray a domestic oil and gas industry entering into...
By: David Hodari – WSJ – The world’s appetite for crude oil won’t reach its apex for another two decades, the Organization...
By: Eric R. Hawkins – Mayhawk Energy, LLC – To say that we live in an anxiety-filled world right now is the...
By: Tore Guldbrandsøy, senior vice president, and Ilka Haarmann analyst, at Rystad Energy – CNBC – Energy transition has climbed towards the...
By: Jessica Resnick-Ault & Arathy S. Nair – Reuters – Oasis Petroleum Inc and Lonestar Resources US Inc’s bankruptcy filings are the...
By: Paul Takahashi – Houston Chronicle – Plugging and cleaning up the abandoned oil and gas wells in Texas could cost companies...
By: S&P Global Platts – ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly...
By: S&P Global Platts – ConocoPhillips sees the US’ Eagle Ford Shale as its current main domestic activity focus, at a time...
By: Nermina Kulovic – Offshore Energy – This downturn’s impact on trunkline demand is, however, lighter than that of 2016, and recovery...
DEVON & WPX MERGER KEY HIGHLIGHTS Merger of equals creates a leading unconventional oil producer in the U.S. Builds a dominant Delaware...
The U.S. crude inventory balance fell by 4.383M barrels during the week ended Oct. 13, according to the API. That contrasted with a 12.94M jump in the prior week to Oct. 6 led largely by a sharp decline in exports.
Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have dropped drastically this year, prompting concerns they might reach such critical lows to complicate operations at the storage hub.
On the fuel side, the petroleum trade group reported a gasoline inventory slide of 1.578M barrels and distillate stock drop of 0.612M barrels. In the prior week, gasoline saw a 3.645-M barrel build while distillates experienced a 3.535M drop.
Hundreds of people were killed by a strike at a hospital in Gaza City on Tuesday night where thousands of civilians had been sheltering.
The Gazan health authorities said the blast had been caused by an Israeli airstrike; the Israel Defense Forces said it was caused by a rocket fired by a Palestinian armed group that malfunctioned after launching. Neither assertion could be immediately verified.
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
Data centers across the United States are increasingly grappling with one of the most...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
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