By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to serve as his next secretary of the Department...
FourPoint Resources, alongside its partners Quantum Capital Group and Kayne Anderson, has agreed to acquire Ovintiv Inc.’s assets in the Uinta Basin...
NEW YORK- (Reuters) – U.S. and global oil production are set to rise to slightly larger record highs this year than prior...
HOUSTON (Reuters) – Norwegian-headquartered Crown LNG is racing against time to develop and start construction of a liquefied natural gas export plant...
Coterra Energy is set to expand its footprint in the oil-rich Permian Basin, announcing on Wednesday that it will acquire assets from...
We are continuing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the captivating stories of the pioneering individuals who shaped...
Ring Energy And The Central Basin The Central Basin, a distinctive geological feature within the Permian Basin, occupies a substantial area in...
The surge in water production across the Permian Basin is being met with a rising focus on recycling and reusing that water....
Federal revenue from energy production on public lands and waters fell by 10% in the latest fiscal year, totaling $16.4 billion, according...
By Tsvetana Paraskova for Oilprice.com | Amid Middle East tensions, experts doubt Iran will follow through on threats to close the Strait...
The energy sector is off to a higher start supported by strength in the underlying commodities and U.S. equity futures. The major averages are expected to start Monday’s session slightly higher as investors brace themselves for the U.S. CPI data which will be released on Tuesday, followed by the Federal Reserve’s two-day policy meeting, with the consensus expecting another 50-basis point rate hike to be announced Wednesday at 2 PM ET.
WTI and Brent crude oil are trading near the flatline, but in positive territory, following last week’s sell-off as supply concerns outweigh fears of a looming global recession. Oil futures are gaining support from the closure of the Keystone pipeline and the threat of Russian production cuts. Yesterday, Canada’s TC Energy said it had not yet determined the cause of the oil pipeline leak and gave no indication to when the pipeline would resume operation. Traffic at Istanbul’s Bosphorus Strait fell Monday as the number of tankers waiting to pass decreased.
Natural gas futures surged this morning on forecasts for below-normal temperatures across most of the U.S. The upper Midwest, North and Central High Plains are expected to see the coldest temperatures.
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal...
In the heart of West Texas, where the highways stretch for miles and the...
by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran...
Laila Kearney (Reuters) – PG&E (PCG.N), California’s largest electric utility, has seen a jump...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
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