Forbes – This is the third of a multi-part series on the state of the main sources of energy in the US...
Houston Chronicle – The oil and gas industry faces an existential crisis caused by Wall Street dissatisfaction and a belief by most...
Bloomberg – Global commodity trade plunged deeper into chaos as Chinese companies started walking away from purchase contracts because of the spread...
Offshore Technology – Oilfield services company Baker Hughes and artificial intelligence (AI) software provider C3.ai have launched an AI-based application that allows...
Pittsburgh Business Times – Chevron Corp. Chairman and CEO Michael Wirth said the oil and gas giant entered the Marcellus Shale at a...
Bloomberg – The world’s three biggest oil-market forecasters are split on what’s going to happen with supply and demand this year —...
Bloomberg – Chinese oil demand has dropped by about three million barrels a day, or 20% of total consumption, as the coronavirus squeezes the...
WVNews — A trio of bills relevant to West Virginia’s oil and gas industry were advanced by Senate committees on Thursday. The...
Houston Chronicle – Gradiant Energy Services CEO Danny Jimenez wants to change how the oil and natural gas industry handles the hundreds...
Reuters – At Exxon Mobil Corp (XOM.N), CEO Darren Woods’ plan to revive earnings at the largest U.S. oil and gas company...
U.S. crude oil futures rose from post-settlement levels Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude oil inventories.
U.S. stocks finished mostly lower on Tuesday afternoon, as investors looked ahead to the conclusion of the Federal Reserve’s two-day policy meeting on Wednesday for decisions on interest rates and guidance on the future direction of monetary policy.
The Dow Jones Industrial Average fell 125.55 points, or 0.3%, to end at 45,757.90, according to FactSet data.
The S&P 500 was off 8.52 points, or 0.1%, to finish at 6,606.76.
The Nasdaq Composite was down less than 0.1%, leaving it nearly flat, at 22,333.96.
Fed-funds futures traders were pricing in a 96% likelihood of at least a quarter-point rate cut on Wednesday, according to the CME FedWatch Tool. But investors are laser-focused not just on the policy decision itself, but also on Fed Chair Jerome Powell’s press conference and the updated Summary of Economic Projections — also known as the “dot plot” — which will show where policymakers expect the federal-funds rate to be by the end of this year and in 2026.
The Fed is expected to release its monetary-policy statement and economic projections at 2:00 p.m. Eastern time on Wednesday, followed by a press conference with Powell at 2:30 p.m.
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
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