CNBC – Outgoing BP chief Bob Dudley on Wednesday criticized sweeping climate proposals from Sen. Bernie Sanders, a top-tier 2020 Democratic presidential candidate, and...
Reuters – Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and...
John Kemp – Reuters – U.S. oil and gas production growth is slowing, as lower prices force shale firms to reduce new...
Victoria Advocate – People in the Eagle Ford Shale region who’ve signed leases with Equinor for the mineral rights beneath their land...
Greg Avery – Denver Business Journal – Colorado issued the fewest oil and gas well drilling permits in more than a decade...
Reuters – U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world’s two largest economies struck...
Bloomberg – Such is the extent of the shakeout in the U.S. shale industry that Permian Basin oil production is closer to...
Reuters – U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as...
David Blackmon – Forbes – Forty years ago, the conventional wisdom about oil was that we were running out of it and...
Jordan Blum – Houston Chronicle – Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as...
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.
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
It sounds like something out of a Netflix crime drama, but this one’s all...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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