By Liam Denning – (Bloomberg Opinion) — A big deal in the Permian basin should be cause for fanfare in oil and gas...
By Nilanjan Choudhury, Zacks – For several years now, the Permian basin has been considered the most significant shale field in the...
By Kyla Asbury | Jul 10, 2019 – West Virginia Record – CHARLESTON — The West Virginia Supreme Court of Appeals sided with the Mass...
By Marione Martin, The Alva Review-Courier –The future of oil production in Woods and nearby counties lies in keeping costs low to...
By Jordan Volino, Contributor – With the advent of horizontal drilling and the ability to stack lateral wells, it is becoming increasingly...
By Jordan Blum – Houston Chronicle –Canada’s Encana Corp. bought The Woodlands-based Newfield Exploration earlier this year, and now Encana will sell...
WSJ – By Bradley Olson Updated July 4, 2019— Two years ago, Encana Corp. unveiled a supersize fracking operation that many said would...
By Katherine Dunn – Fortune – When the U.S. and Russia go head to head, that can mean cheaper prices—at least when it...
By James Jang – Energent – For the many analysts and investors who monitor the energy sector activity, drilled-but-uncompleted well (DUC’s) counts are an...
By Stephanie Moser Goins – Ball Morse Lowe, PLLC. – In a previous post, we discussed H.R. 2606, the bill that amends the...
OPEC, the Organization of the Petroleum Exporting Countries, was founded in Baghdad, Iraq, in 1960 to coordinate oil policy among major oil exporters. Initially a reaction to Western dominance of global oil markets, it evolved into a powerful bloc capable of reshaping global energy prices, geopolitics, and development.OPEC works by setting production quotas for each member country. By coordinating supply cuts or increases, the group can tighten or loosen global oil supply, pushing prices up or down.
Federal Reserve Chair Jerome Powell is likely to muster a slim majority of his colleagues to support a 25-basis-point cut in interest rates on Wednesday, fueled by growing concern about the health of the economy, experts say. But given the turmoil around the central bank and uncertainty about the direction of inflation and the job market, the bigger question regarding the meeting is what happens next.
Powell is likely to face a level of internal opposition he has never seen before. Some of his colleagues have signaled they want a larger rate cut because of the weaker labor market. Others may opt for no change in rates because of recent gnarly inflation readings. It’s possible both sides will formally dissent.
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
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