By: Trent Jacobs – Journal of Petroleum Technology – Facing crippling crude prices and a historic supply overhang, the once-booming US shale sector...
CNBC – An unprecedented collapse in oil demand has forced some producers to come up with “creative” measures in order to find...
Denver Post – Colorado will delay hearings on a major revamp of its oil and gas regulations by several weeks, even as...
David Blackmon – Forbes – With news this morning that Chesapeake Energy is preparing to file for bankruptcy, The Texas Railroad Commission (RRC) will...
Matt Levine – Bloomberg – It will be a little weird if the price of oil goes negative next month. I mean,...
Forbes – At the start of the year, even before big oil and gas companies were clobbered by the global coronavirus or...
The first crude oil had actually been discovered by the Chinese in 600 B.C. and transported in pipelines made from bamboo. However,...
By: Ari Natter – Bloomberg – The oil and gas industry shed nearly 51,000 drilling and refining jobs in March, a 9%...
By: Kenneth Rapoza – Forbes – Sorry, Greta. Sorry, Extinction Rebellion. We haven’t seen the end of the oil industry yet. The...
By: Jordan Fabian and Jennifer A. Dlouhy – Bloomberg – President Donald Trump said his administration is working on a plan to...
The energy sector is off to a lower start, pressured by weakness in the crude complex and the major equity futures which are modestly lower as investors wait for more second-quarter results and retail sales data due later this week.
WTI and Brent crude oil are starting the week sharply lower, down ~1%, on concerns about China’s economic recovery, a stronger US dollar and traders taking profits following seven-consecutive weeks of gains. Forecasts for higher demand and tighter supply fueled last week’s gains, despite weaker-than-expected economic data from China. Analysts believe OPEC+ will continue to do whatever it takes to tighten supply and stabilize the markets. Elsewhere, Oil exports from Sudan rose even amid fighting between a paramilitary group and the army, as crude production from South Sudan holds steady.
Natural gas futures steadied as forecasts for more demand than previously expected, outweigh rising output
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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