By Jim Magill – Houston Chronicle – Permian Basin oil producers, under increasing pressure to reduce the amount of natural gas that...
By: Harry Saltzgaver – Grunion Gazette – The company that operates Long Beach’s oil islands has filed bankruptcy in the face of...
By: Adrian Hedden – Carlsbad Current Argus – Chevron USA, a major Permian Basin oil and gas producer planned to use renewable...
By Saeed Ashar and Rania El Gamal – Reuters – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter...
By: Russell Karas and Dan Brusstar – OpenMarkets – The oil market has begun to adjust to the “new normal” in the...
By: Adrian Hedden – Carlsbad Current-Argus – A joint venture between a midstream water company and a major oil and gas producer...
By: Mark Jaffe – The Colorado Sun – The Colorado Oil and Gas Conservation Commission on Tuesday raised the tax it levies...
By Mella McEwen – Midland Reeporter-Telegram – What had been a significant contraction in the Texas oil and gas industry was magnified...
By: Reuters – Marathon Petroleum (MPC.N) has agreed to sell its Speedway gas stations in the United States to Japanese retail group...
By: Scott Carpenter – Forbes – U.S. shale oil and gas producer Apache APA -1.4% Corporation has turned its focus to international investments after...
The energy sector is off to a mixed start, reeling ahead of the bell as traders balance mild-strength in the crude complex against weakness in the major equity futures which steadied this morning as the third-quarter earnings season gained momentum and ahead of a busy economic data calendar.
WTI and Brent crude oil futures inched higher in early trading following yesterday's over $1 decline, gaining ahead of a trip by President Biden to the Middle East that is likely to involve balancing support for Israel with containing a regional escalation of its war with Hamas. Venezuela's government and opposition are set to resume long-suspended talks today which President Nicolas Maduro said would benefit the 2024 election, a move that could lead to Washington easing sanctions. There is also some focus on Russian President Putin's visit to key trade partner China although no new energy deals are expected. Attention will now shift to the weekly U.S. inventory cycle beginning today, with API's report due out after the close followed by the official EIA data mid-day tomorrow.
The conflict between #Israel and #Hamas will continue to be the most important factor affecting the #oil markets and the situation will be in the forefront this week with Israel finishing preparations for a ground incursion into #Gaza. https://t.co/L3OKWKOUtL pic.twitter.com/oNmbFbrH6y
— Stratas Advisors (@StratasAdvisors) October 16, 2023
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
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,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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