Denver — As natural gas production volumes in the SCOOP/STACK struck a record high this week, operators in the Oklahoma play are indicating...
Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now...
The US Unconventional industry continues to see increasing completion intensity per well. This is driving spectacular production growth but there are hints...
Chesapeake Energy Corporation and WildHorse Resource Development Corporation jointly announced today the preliminary results of the elections made by holders of shares...
S&P Global Platts, Houston — Continental Resources projects its latest showcased oil play, known as Project SpringBoard and sited in Oklahoma, alone will...
By Mike Hughlett Star Tribune –Time is getting tight for Enbridge to break ground on its controversial $2.6 billion crude oil pipeline across northern...
Permian Strategic PartnershipReuters –Former U.S. Commerce Secretary and energy executive Don Evans will chair a partnership of oil and gas firms that...
Toby Darden stomped on the ATV’s gas pedal, carving through blustery winds to reach the far northern corner of his 37,000-acre Permian...
DENVER (CN) – A Colorado community sued the state’s Oil and Gas Conservation Commission in federal court Wednesday, claiming that a state...
By Reuters ~ Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
It sounds like something out of a Netflix crime drama, but this one’s all...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
After months of tough negotiations and political tension, the United States and Ukraine have...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
The global oil market is facing one of its most complex periods in recent...
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