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...
After plenty of hype, the new Taylor Sheridan series Landman is finally hitting Paramount+ tomorrow, offering viewers a closer look at the...
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...
TOKYO (Reuters) - Oil prices rose on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what the producer group would do next on supply cuts while also monitoring tension in the Middle East.
Brent crude futures climbed 12 cents, or 0.2%, to $72.43 a barrel by 0103 GMT while U.S. crude futures were at $68.70 a barrel, up 16 cents, or 0.2%. Both benchmarks fell nearly 2% on Wednesday.
The Organization of the Petroleum Exporting Countries and its allies in OPEC+ are likely to extend their latest round of oil production cuts by at least three months from January when it meets online at 1100 GMT on Thursday, OPEC+ sources told Reuters, to provide additional support for the oil market.
The market's momentum persisted even after Federal Reserve Chairman Jerome Powell cautioned against hasty interest rate cuts, citing the strong economy. Upcoming economic indicators, particularly the November nonfarm payrolls report expected to show around 200,000 jobs added, could further influence market sentiment. Meanwhile, Treasury yields declined following softer-than-expected data on the U.S. services sector and private industry job growth.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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