Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive measures against Russian oil and gas could run down Vladimir...
By Bloomberg|Joumanna Bercetche, Anthony Di Paola. | China is still driving growth in global oil demand, the head of Saudi Aramco said,...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according to data released by the nation’s energy secretariat...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not been shy about his interest in “purchasing” Greenland,...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders during his first day as the 47th President...
(Reuters) – Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he will vigorously pursue the president-elect’s goals of maximizing...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed tariffs—potentially by restricting the flow of Canadian oil...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told senators during his confirmation hearing Wednesday that he...
Tsvetana Paraskova for Oilprice.com | Canada has drafted a list of U.S. goods worth billions of dollars that it could tax with...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing Lower 48 basins are grappling with stagnation or...
The companies announced Sept. 26 that Chesapeake Energy’s $7.4 billion merger with Southwestern Energy is expected to close in the first week of October, with the combined company renamed Expand Energy Corp.
The two natural gas players said they had cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Expand Energy will become the largest gas producer in the U.S. with its massive, dual footprints in both the Appalachia and Haynesville shale plays.
The all-stock acquisition of Southwestern by Chesapeake was first announced in January, but additional scrutiny and information requests by the Federal Trade Commission caused some delays. The new Expand name was only announced on Sept. 26.
OPEC+ is not currently discussing any changes to its oil production plan, which includes adding supply to the market starting in December 2024. This plan was initially set to begin in October but was delayed due to a crash in oil prices in August and September. Russia's Deputy Prime Minister Alexander Novak stated that all OPEC+ members fully comply with their agreed output quotas.
Saudi Arabia is reportedly determined to increase production from December 1, aiming to regain market share lost during its recent large output cut. This marks a significant policy shift for the kingdom, which is now willing to accept short-term price and revenue declines to achieve this goal.
The Saudi strategy represents a departure from its unofficial $100 oil price target, prioritizing market share over price maintenance. This change in approach could have significant implications for global oil markets and prices in the coming months.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
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...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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