PUBLISHED SUN, SEP 15 2019 Natasha Turak@NATASHATURAK – CNBC KEY POINTS Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as...
By Cheryl Hall – Dallas Morning News – T. Boone Pickens, legendary energy executive, philanthropist, ardent Oklahoma State University supporter and one of America’s...
ODESSA, Texas (Reuters) – Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts...
(Reuters) – General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of...
By Austin Weinstein – Bloomberg – So much of the Texas land in the Permian Basin is under production that the lights...
Natasha Turak – CNBC – Saudi Arabia has seriously ramped up its oil exports to China in recent months. How dramatic is...
By Kevin Crowley – Bloomberg – Exxon Mobil Corp. Chief Executive Officer Darren Woods is eyeing oil and natural gas deals despite calls to...
(Reuters) – U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell a portion of its New Mexico...
Tom Stromme – Bismarck Tribune – The number of abandoned oil and gas wells in North Dakota has grown 10% over the...
Source: U.S. Energy Information Administration, based on International Energy Statistics Note: Petroleum includes crude oil, condensate, and natural gas plant liquids. U.S....
The energy sector is off to a mixed-to-lower start, looking past strength in the crude complex and pressured by mild weakness in the major equity indices. U.S. stock index futures extended declines as a stronger-than-expected job report signaled labor market resilience, dampening hopes of interest rate cuts next year.
WTI and Brent crude oil futures are up over 2% in early trading despite worries about a supply surplus and weak Chinese demand. However, prices rebounded after Saudi Arabia and Russia lobbied OPEC+ members to join output cuts. Saudi Arabia and Russia called for all OPEC+ members to join an agreement on output cuts for the good of the global economy, only days after a fractious meeting of the producers' club. OPEC+ agreed to a combined 2.2 million bpd in output cuts for the first quarter of next year. Meanwhile, Chinese customs data showed its crude oil imports in November fell 9% from a year earlier as high inventory levels, weak economic indicators and slowing orders from independent refiners weakened demand.
Natural gas futures are trading slightly lower as the NOAA's 6-10 day outlook shows above-normal temperatures for the West coast through the Great Plains to the Great Lakes and southern FL. Near-normal temps are seen across southeastern NM, TX, and along much of the eastern US.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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 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,...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
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