Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a master plan for rebuilding Syria’s oil, gas, and...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the Government of Norway launched a $200 million initiative...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of life. Rig activity across the state has rebounded...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment pledges on Tuesday, part of a push by...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50 million state fund created to cut methane emissions...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks a dramatic shift in U.S. energy policy. The...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their electrical grid system, as vast quantities of renewable...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position in the U.S. lithium market, announcing today a...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of 548,000 oil bpd. 🟢 Analysts say...
The U.S. Interior Department has proposed a major rule change that could reshape onshore oil and gas development in the West. Under...
The energy sector is set for a higher start supported by strength in the underlying commodities despite weakness in U.S equities. The major market futures are down as tech-driven optimism eased and as a rise in oil prices has increased existing concerns of a further rise in global inflation.
WTI and Brent crude oil are up in early trading on the easing of China’s COVID-19 restrictions and a possible strike by Norwegian oil workers. Oil futures are extending their upward trend despite economic data showing builds for crude and oil products as traders expect oil demand to pick up following China’s decision to end its COVID-19 related lockdowns. The API report showed U.S crude, gasoline and distillate inventories rose for the week ending June 3rd, which was largely ignored by the markets. Additionally, Norwegian oil workers plan to strike from June 12 if state-brokered wage meditation fails, potentially putting crude output at risk of shutdown. However, the Chief of the Lederne labor union says gas may not be affected as they will try to avoid hurting gas production, pointing out supply issues created by the war in Eastern Europe.
Natural gas futures have edged up this morning on a decline in output and forecasts for warmer weather and higher demand than previously expected.
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...
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 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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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