This summer, U.S. utilities leaned more heavily on fossil fuels for electricity generation than their counterparts in China—a surprising reality that undercuts...
Iran’s upcoming budget plan reveals a significant shift in its allocation of oil and gas export revenues, with more than half directed...
Story by Andreas Exarheas| RigZone.com | In its latest short term energy outlook (STEO), which was released earlier this month, the U.S. Energy...
Story by Lee Ying Shan |CNBC.com| The biggest influx of liquified natural gas (LNG) supply is coming online and it will transform...
Iraq’s Deputy Petroleum Minister, Hamid Younes al-Zobai, recently visited Washington in an effort to secure additional funding from the United States. The...
Matt Oliver | The Telegraph | A Labour campaigner’s oil and gas company will sell its North Sea assets after concluding Britain...
Cincinnati-based Synthica Energy has officially broken ground on a new Renewable Natural Gas (RNG) facility in Rome, Georgia, just outside Atlanta. Named...
Story By By Mella McEwen, Oil Editor| Midland Telegram Reporter | Construction of the 42-mile electrified conveyor system carrying sand from Atlas Energy...
Story By Robert Stewart | UpStreamOnline.com | New York-listed driller Nabors Industries will acquire competitor Parker Wellbore for nearly $360 million, the...
By Devika Krishna Kumar and Alex Longley | (Bloomberg) — US oil producers pounced on a chance to lock in prices, known as...
The energy sector is off to a mixed-to-lower start on modest declines in the crude complex and major market futures. U.S. equities are trading slightly lower in the pre-market ahead of a busy week for earnings while investors also await U.S GDP data for the first quarter, the personal consumer expenditures Index for March, and consumer confidence numbers for April.
WTI and Brent crude oil are lower as investors balance a slowing economy with growing concerns over tight supply. The market is also closely watching first-quarter earnings, as they have sparked worries of a weakening U.S. economy so far, following worse-than-expected corporate earnings from the technology sector. A cooling economy, along with expectations the Federal Reserve will raise interest rates when they meet next month, is clouding the demand outlook. However, China’s economic recovery is lending support, as they most recently released customs data which showed the country brought in record volumes of crude shipments in March.
Natural gas futures are down on forecasts for milder weather and less heating demand in the near term.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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