By Scott DiSavino – (Reuters) – U.S. natural gas demand is at an all-time high and expected to keep rising – and...
Jordan Blum – Houston Chronicle – Big Oil companies such as Exxon Mobil and Chevron are surpassing their smaller shale drilling rivals...
The Haynesville/Bossier Shale, located in East Texas (Railroad Commission of Texas District 6) and Western Louisiana, is a hydrocarbon-producing geological formation capable...
Bobby Magill – Bloomberg – Oil drilling in Nevada is a risky bet—the geology is complicated and drillers say the odds are...
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By Noi Mahoney – Freight Waves– Long before sunrise, Molly Sizer starts her day in West Texas as a professional frac sand hauler. She...
Camille Erickson – Casper Star Tribune – Wyoming’s oil and gas sector is still digesting fresh changes to the state’s drilling regulations....
By: Kiefaber & Oliva, LLP – Title examination is typically characterized by a series of deeds and conveyances, which—unsurprisingly—do not convey property...
Anna Kuchment, Science Writer – Dallas Morning News: When earthquakes first jolted Dallas-Fort Worth residents in the fall of 2008, academic researchers...
Presidio Investment Holdings LLC (“Presidio Petroleum”, “Presidio”, or the “Company”) announced today that it has completed its acquisition of all the oil...
The energy sector is lower today, pressured by weakness in the underlying commodities. Meanwhile, the major equity futures are mixed, as investors remain uncertain about the timing of interest rate cuts.
WTI and Brent crude oil futures are kicking off the week sharply lower after Saudi Aramco made sharp price cuts to Arab Light, which offset ongoing tensions in the Middle East. Saudi Aramco lowered the official selling price of Arab Light for February to Asia by $2.00/barrel to a $1.50 premium vs Oman/Dubai, the largest m/m cut in over a year. At least three Asian customers told Bloomberg the price drop was unlikely to lead to requests for incremental deliveries while two Chinese buyers said they won't be lifting any term cargoes from KSA this month. Aramco also cut the price of Arab Light to the U.S. and NW Europe by $2.00/barrel. The ongoing war in the Middle East and a force majeure by Libya's National Oil Corporation on Sunday at its Sharara oilfield, is limiting losses.
Natural gas futures dropped earlier this morning as investors take profits following last week’s 16% price gain and on forecasts for colder temperatures for most of the L48 in the third week of January.
Hezbollah said on Monday that one of its commanders was killed in a strike in southern Lebanon, adding to concerns about a wider regional war as Israel battles Hamas in Gaza.
In a statement, Hezbollah identified the commander as Wissam Hassan Al-Tawil but gave few additional details. A Lebanese security official, speaking on condition of anonymity because of the sensitivity of the matter, said Mr. Al-Tawil was a commander in Hezbollah’s Radwan unit, which Israel says aims to infiltrate its northern border. The official said he was killed in a strike in Khirbet Selm, a village in southern Lebanon that is about nine miles from the Israeli border.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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....
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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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