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...
Houston Chronicle – Apache Corp. is closing its San Antonio office and eliminating more than 270 jobs as part of a reorganization...
Reuters – Range Resources Corp said on Wednesday it expects a significant charge in the fourth quarter related to its oil and...
Adrian Hedden – Carlsbad Current-Argus – A multi-mile conveyor belt system could bring frac sand from West Texas into southeast New Mexico,...
Christopher Helman – Forbes —It has been a miraculous decade for American Oil and Gas. Thanks to their enterprising innovations in directional...
HOUSTON (Reuters) – Vastly slower U.S. oil growth this year and the prospect of a plateau for the world’s top oil producer...
New Mexico In Depth – Seated on the floor of First Christian Church on a recent Sunday morning, Pastor Dave Rogers pierces...
SMILEY, Texas (Reuters) – At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest...
Dallas Morning News – America’s top shale field, the Permian Basin is becoming increasingly gassy as drilling slows down, undercutting profits for...
(Bloomberg) -- China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as the nation’s economic woes continue to stand in the way of a full rebound from Covid Zero.
The energy sector is off to a mixed to lower start, looking past strength in the underlying commodities while the major equity futures extend declines. U.S. stock index futures fell as a jump in U.S. bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive shares and set Wall Street up for another selloff.
WTI and Brent crude oil futures have rebounded slightly in early trading after dropping sharply from more than three-month highs in the previous session as concerns around supply tightness offset the impact on sentiment of a U.S. government credit downgrade. Crude is supported by supply concerns because of output cuts by OPEC+ which a meeting today is expected to keep in place, further eroding inventories.
Natural gas futures are trading higher, recovering from yesterday’s selloff amid forecasts for hotter-than-normal weather continuing through mid-August, especially in Texas.
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal...
In the heart of West Texas, where the highways stretch for miles and the...
by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran...
Laila Kearney (Reuters) – PG&E (PCG.N), California’s largest electric utility, has seen a jump...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
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