ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed a definitive merger agreement under which ONEOK will...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that could reshape the landscape of the U.S. oil...
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed a non-binding lithium supply deal with battery parts...
U.S. natural gas producers are gearing up to boost output in 2025 after a year of production cuts, driven by rising demand...
Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between Russia and the West. European officials and the...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to the level required for nuclear weapons, a sign...
Over the past five years, BP has attempted to make a bold move to transform itself from a traditional oil giant into...
By Tsvetana Paraskova for Oilprice.com | The Johan Sverdrup oilfield offshore Norway, the largest oilfield in Western Europe, resumed production early on...
Entergy has big plans for northeast Louisiana. The company has proposed a $3.2 billion project to build a natural gas plant to...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) has revealed its latest Henry Hub natural gas spot price forecast...
The energy sector is off to a lower start, pressured by weakness in the crude complex. U.S stocks are expected to open slightly higher ahead of minutes from the Federal Reserve’s November policy meeting.
WTI and Brent crude oil futures are down this morning as the Group of Seven Nations considers a price cap on Russian oil and on demand concerns amid growing COVID-19 cases in China. According to European officials, the group is looking to cap Russian oil at a range of $65-70/bbl. A U.S Treasury official said the price cap will most likely be adjusted a few times a year. As of late Tuesday, China ramped up their COVID-19 containment measures in an effort to control the outbreaks. Today’s losses have been limited by a fall in U.S crude inventories which were down by 4.8 million barrels last week.
Natural gas futures are sharply higher after ending mostly unchanged yesterday amid worries of a possible rail strike and delays in the restart of the Freeport LNG export plant which outweighed forecasts for milder weather than previously expected.
Billionaire Harold Hamm’s takeover of Continental Resources, Inc. and return to private ownership is for all practical purposes complete.
The Oklahoma City company he founded in the 1960s announced Tuesday it was initiating the final steps in closing its previously announced merger with Omega Acquisition, Inc. Omega is the company created by Hamm and his family to launch the takeover that was started last June.
The announcement stated that shares of Continental common stock are expected to cease trading on the New York Stock Exchange prior to the market open on Wednesday, Nov. 23, and will no longer be listed for trading on the exchange.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
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