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...
S&P Global Platts – Producers in the New Mexico portion of the Permian Basin have shown resiliency amid depressed commodity prices and...
Robert Rapier – Forbes – Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and...
S&P Global Platts – In a first ever, Permian forward gas prices settled in negative territory this week as the 2020 market outlook...
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...
The energy sector is off to a higher start, supported by strength in the crude complex. Meanwhile, the major equity futures are flat ahead of today’s central bank meeting where traders expect the Fed to keep rates unchanged.
WTI and Brent crude oil futures are recovering yesterday’s losses ahead of the keenly watched meeting of the U.S. central bank for clues on interest rate policy, falling treasury yields, and as the conflict in the Middle East escalates. Israel admitted to striking a refugee camp in Gaza which was being used as a command center by Hamas. An unconfirmed large number of civilians were killed and a number of world leaders have condemned the strikes. OPEC crude output rose by 180K bpd in October driven by Nigeria and Angola. EIA data is set to be reported today, following last night’s API reading which showed a crude build of 1.35 million barrels.
Natural gas futures are pulling back after yesterday’s sharp gains despite forecasts for cooler temperatures.
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
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...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
Data centers across the United States are increasingly grappling with one of the most...
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