The coronavirus pandemic has emptied out cities around the world, causing a historic drop in oil demand just as production was reaching...
By: Chuck Jones – Forbes – The United States Oil Fund, or USO, is an exchange-traded fund, or ETF, that is designed...
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%...
French prosecutors on Thursday urged that a police officer be placed under investigation for voluntary homicide after the deadly shooting of a 17-year-old driver set off violent riots in more than a dozen cities overnight, with protesters burning cars, lighting buildings on fire and setting off fireworks for the second day in a row.
President Emmanuel Macron, convening a crisis meeting on Thursday morning, called the violent protests “absolutely unjustifiable” and appealed for calm after the death of the teenager, who has been identified only as Nahel M.
The energy sector is set for a lower start, pressured by weakness in the crude complex and the broader markets. The major market futures are lower as investors await comments from Federal Reserve Chair Jerome Powell.
WTI and Brent crude oil futures are lower as concerns over the prospect of higher interest rates and slowing demand curb earlier gains. Lingering worries about tighter monetary policy outweighed the API’s weekly report which showed a larger-than-expected drop in crude oil inventories. The industry report showed crude stocks fell by 2.4 million barrels last week. The market will be keeping eyes on today's EIA report which is set to be released at 10:30 AM EST.
Natural gas futures are higher, ahead of the expiration of the front month July contract. Early-cycle data has LNG feedgas flows today rising to 12.60 Bcf, up +1.0 Bcf d/d as Sabine Pass volumes recover further to over 4.0 Bcf. The increase would be the highest since the end of May.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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