Oklahoma City’s SandRidge Energy Inc. said on Monday it would evaluate any offer to buy the company from top shareholder Carl Icahn...
Texas’s energy regulators issued fewer new drilling permits in March than a year ago, but well completions rose, according to data released...
A Wyoming federal court judge suspended the Bureau of Land Management’s controversial venting and flaring policy this week, dealing a setback to...
US Rig Count Soars Up +10, OKLA +5 Oil futures closed much lower Friday, weighed down by rising trade tensions between the...
In February of this year QEP announced strategic initiatives to transition to a pure-play Permian Basin company, reported fourth-quarter and full-year 2017...
Collin Eaton with The Houston Chronicle penned a good article on the influence of private equity in the oil and gas business, titled...
The data in this story is provided by Oseberg, a next-generation oil & gas information and data analytics company that offers a compelling...
U.S. crude oil production rose by 6,000 barrels per day (bbl/d) in January to 9.964 million bbl/d, the Energy Information Administration (EIA)...
This past winter, during a period of extreme cold throughout much of our nation, a potential natural gas crisis was averted thanks...
The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas fell by 63 billion cubic feet for the week...
The energy sector is off to a mixed-to-higher start, supported by strength in the crude complex, but pressured by modest losses in the major equity futures. The broader market futures retreated this morning after July’s PPI print came in hotter than expected. The producer price index, rose more than expected last month, advancing 0.3%. Economists polled by Dow Jones expected an increase of 0.2%.
WTI and Brent crude oil futures are higher this morning and are set to post gains for their seventh-consecutive week, following optimistic demand forecasts from OPEC+ and the IEA which overshadowed demand concerns from China. Last night, OPEC+ said it expects global oil demand to rise by 2.25 million bpd in 2024, as the firm anticipates China’s economic growth will boost oil consumption. This morning, the IEA warned global inventories could decrease further throughout the end of 2023, which would add to the tailwinds fueling oil’s recent rally.
Natural gas futures have erased earlier gains and are now lower on a larger-than-expected storage build. The EIA weekly storage report (week ended 4-Aug) showed a build of +29 Bcf vs consensus +24 Bcf and vs 5-yr average of +46 Bcf.
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...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
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