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...
Global Oil Giants– the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to...
Jordan Blum, Houston Chronicle — The U.S. shale industry is finally learning to live within its financial means, shrinking to survive amid...
Camille Erickson~ Casper Star Tribune – Responding to a historic influx of drilling requests, Wyoming’s Oil and Gas Conservation Commission voted Tuesday to...
EIA OIL AND NATURAL GAS REPORT Global liquid fuels oil Brent crude oil spot prices averaged $60 per barrel (b) in October,...
Rachel Adams-Heard – Bloomberg – Billionaires are circling the distressed U.S. oil and gas patch, looking to pick up assets on the...
Simon Flowers – Forbes – Buying oil and gas assets in a downturn – it’s been a golden opportunity that’s been readily...
Denver Business Journal – Colorado is approving less than half the number of oil and gas well locations and new drilling permits...
By Liz Hampton – Reuters —The companies that provide sand for hydraulic fracturing operations are the latest casualties of shale industry cutbacks...
The energy sector is off to a mixed to lower start, pressured by weakness in the major market indices but supported by strength in the underlying commodities. U.S. stocks are down in the pre-market as investors continue to fear the possibility of a recession following the recent interest rate hikes.
WTI and Brent crude oil are up in early trading following an unforgiving Tuesday for the crude complex where oil prices dropped, closing below $100 for the first time since April. Oil futures are recouping some of yesterday’s losses as concerns over tight supply reemerged and outweighed lingering worries about a global economic slowdown. Tuesday’s protests came to an end as Norway’s government intervened to end the strike and confirmed that all oil and gas fields that were affected are expected to be back in full operation within a couple of days. Additionally, the Caspian Pipeline Consortium (CPC) which handles 1% of global oil and takes oil from Kazakhstan to the Black Sea through one of the world’s largest pipelines, has been told by a Russian court to suspend activity for 30 days. However, two trading sources familiar with the terminal operations confirmed that oil exports from the terminal are still flowing.
Natural gas futures rose this morning, tracking gains in the crude complex and on forecasts for more demand than previously expected.
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...
(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 Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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