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...
By: Erwin Seba – Reuters – U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S....
Benchmark U.S. crude oil for January delivery fell 15 cents to $71.43 per barrel Friday.
Brent crude for February delivery fell 6 cents to $76.55 per barrel.
Wholesale gasoline for January delivery rose 2 cents to $2.14 a gallon.
January heating oil rose 3 cents to $2.62 a gallon.
January natural gas rose 10 cents to $2.49 per 1,000 cubic feet.
Public Permian player Battalion Oil Corp. is being acquired by a private E&P after continuing to explore strategic alternatives.
Fury Resources Inc. will acquire all of Battalion’s outstanding common shares for $9.80 per share in cash, representing a total transaction value of approximately $450 million, the companies announced on Dec. 15.
A climate activist has been jailed for six months after pleading guilty to taking part in a peaceful slow march protest on a London road.
The sentence handed to Stephen Gingell, 57, is thought to be the first jailing under a new law that critics say makes anyone walking in a road liable for prosecution for “interference with key national infrastructure”.
Section 7 of the Public Order Act 2023 bans any act that prevents newspaper printing presses, power plants, oil and gas extraction or distribution sites, harbors, airports, railways or roads “from being used or operated to any extent”, with a potential penalty of 12 months in jail.
The Energy Department has announced up to $890 million in federal funding to be split between several carbon capture and storage projects at natural gas and coal plants in North Dakota, Texas, and California. The projects collectively aim to block the release of about 8.54 million short tons of carbon dioxide per year.
Howard Midstream Energy Partners has finalized $800 million worth of expansion projects that boost natural gas pipeline, processing, and storage capacities available to operators in the Delaware Basin and Eagle Ford Shale. HEP has also expanded its midstream terminal in Port Arthur, Texas, to accommodate renewable diesel feedstock and finished product from a new 470-million-gallon-per-year renewable diesel plant at Valero Energy's 395,000-bpd Port Arthur refinery.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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