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...
John Kemp – Reuters – U.S. oil and gas production growth is slowing, as lower prices force shale firms to reduce new...
Victoria Advocate – People in the Eagle Ford Shale region who’ve signed leases with Equinor for the mineral rights beneath their land...
Greg Avery – Denver Business Journal – Colorado issued the fewest oil and gas well drilling permits in more than a decade...
Reuters – U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world’s two largest economies struck...
Bloomberg – Such is the extent of the shakeout in the U.S. shale industry that Permian Basin oil production is closer to...
Reuters – U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as...
David Blackmon – Forbes – Forty years ago, the conventional wisdom about oil was that we were running out of it and...
Traditional oil and gas companies are venturing into lithium extraction in the US to capitalize on the growing demand for the metal and diversify their revenue streams, although legal uncertainties around lithium ownership in Texas could hinder the industry's expansion. ExxonMobil is using low-emission direct lithium extraction in the Smackover region of Arkansas to extract lithium from saltwater and convert it into battery-grade material, while Eureka Resources is experimenting with vacuum crystallization tech to extract pure lithium carbonate from oil and gas brine.
Trump uses Nazi-era rhetoric to attack migrants. On the campaign trail in New Hampshire, former President Trump said migrants were “poisoning the blood of our country,” echoing words Adolf Hitler used in Mein Kampf, scholars said. Trump’s escalating rhetoric on immigration came as lawmakers scrambled to work out a deal on border security, which Republicans are demanding as part of a broader package that would send tens of billions of dollars in military aid to Ukraine.
High-ranking cardinal found guilty of financial crimes. The Vatican’s “trial of the century” ended with Cardinal Giovanni Angelo Becciu being found guilty of embezzlement and fraud in the church’s criminal court and sentenced to five and a half years in prison. Eight others in connection with Becciu, who had been considered a candidate to be the next pope, were also found guilty of financial crimes or abuse of office. Prosecutors discovered money transfers as part of a London real estate deal approved by Becciu in 2013 and 2014; the court found that the transactions were embezzlement and ordered the guilty parties to pay the Vatican more than $200 million in restitution.
Hong Kong media tycoon on trial: Imprisoned media mogul Jimmy Lai will go on trial today in a globally significant case that’s considered a test of Hong Kong’s judicial independence following a security crackdown by China in 2020. Lai, who founded the pro-democracy tabloid Apple Daily, has been charged with colluding with foreign forces and sedition and could face life in prison. One of Lai’s sons has called it a “show trial.”
Blue Origin attempts a return to space. Jeff Bezos’s space company, Blue Origin, will aim to launch its New Shepard rocket in a cargo mission as soon as today. The rocket has been grounded for 14 months after suffering a mid-launch failure in September 2022.
Coming to streaming: Gwyneth vs Terry: The Ski Crash Trial drops today on Max. Paltrow (the titular Gwyneth) was found not at fault in March for a 2016 skiing accident involving optometrist Terry Sanderson. Also, the Leonard Bernstein biopic, Maestro, is coming to Netflix on Wednesday. Bradley Cooper stars as the composer in the film, which is also written and directed by Cooper.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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