Christopher M. Matthews and Rebecca Elliot – Wall Street Journal – Chevron Corp. is writing down the value of its assets by more than...
Randy Diamond – San Antonio Express-News – Texas oil and gas regulators have granted almost 30,000 permits to burn natural gas into...
Sergio Chapa – Houston Chronicle – Scrum master. Agile coach. Data scientist. Cloud architect. Jobs in the oil and natural gas industry...
Adrian Hedden – Carlsbad Current-Argus – A new database of oil and gas land information from Osebergin the Permian Basin could help...
Kevin Crowley – Bloomberg – At EOG Resources Inc.’s Francisco lease in the heart of the Eagle Ford Shale in South Texas,...
Lisa Friedman – The New York Times — The Senate on Monday confirmed Dan Brouillette, a former lobbyist for Ford Motor Company,...
By: Chris Mathews – Houston Business Journal – For at least the past decade, oil and gas companies in Houston and Texas...
Bloomberg – A global glut of natural gas has gotten so massive that U.S. exporters could soon face their worst-case scenario: Halting...
James Osborne – Houston Chronicle – John Watson stepped down as CEO of Chevron last year at the age of 61. Now,...
Jordan Blum – Houston Chronicle – The oil and natural gas industry is turning to artificial intelligence technology to save billions of...
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and in the major equity futures which fell as traders navigate a wave of earnings announcements and the start of the Fed's two-day policy meeting. Earnings season continued to ramp up today with ExxonMobil posting a record $56 billion profit for 2022, beating earnings expectations for the fourth quarter.
WTI crude oil futures extended their slide lower for the third-straight session and hit a two-week low this morning, falling on concerns of further interest rate hikes, strength in the U.S. dollar and ample Russian crude flows. Investors expect the U.S. Federal Reserve will raise interest rates by 25 basis points Wednesday, with half-point increases coming from the Bank of England and European Central Bank the following day. Further bearish sentiment followed news that Russia's oil loadings from its Ust-Luga port is expected to rise at the beginning of February despite the western sanctions. Traders are also looking for the outcome of an OPEC panel meeting tomorrow with the group expected to recommend keeping the group's current output policy unchanged.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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