Reporting By Laila Kearney (Reuters) | MARA Holdings Inc. (MARA.O), the world’s largest publicly traded bitcoin miner, has begun producing power in...
by Bloomberg | Devika Krishna Kumar and Christopher Charleston | Oil held steady after a day of choppy trading, as US crude...
Owning mineral rights can be both a rewarding and challenging experience, especially if you inherited them without much background in the oil...
By Tsvetana Paraskova for Oilprice.com | Russian oil companies and officials have discussed the possible ban on diesel exports for firms not...
BP has officially abandoned its 2030 target to significantly cut oil and gas production, marking a notable shift under CEO Murray Auchincloss....
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main oil prices for buyers in Asia amid heightened...
U.S. energy firms have reduced the number of oil and natural gas rigs for the third consecutive week, according to the latest...
Story By By David Wethe (Bloomberg) — Oilfield-service costs for US horizontal shale drilling are expected to rebound in 2025, clawing back some...
Brent crude prices have climbed 8.5% so far this week on concerns over conflicts in the Middle East Story By Myra P....
According to a press release on October 2nd, Texas Pacific Land Corporation (TPL) has made a strategic move by acquiring significant oil...
French energy company TotalEnergies is embarking on a project to develop a $9 billion oil and gas venture in Suriname's offshore region....#hydrocarbons #offshoreoil #OilandGas #southamerica #Suriname #TotalEnergieshttps://t.co/RDm3jyvl8p
— QUATRO International Inc. (@QuatroInc) September 21, 2023
Energy stocks opened higher, led by a small rebound in oil prices, and despite fairly sizeable losses in the broader equity benchmark futures prices. Equities are set to continue yesterday’s sell-off, as a more hawkish than expected tone struck by Fed Chair Jerome Powell signaled that rates will remain higher for longer. News flow is beginning to slow as quarter-end nears and quiet periods ahead of earnings approach.
Oil prices fell on Thursday, after posting the largest decline in a month in the previous session, as the U.S. Federal Reserve held rates but signaled potential future hikes, offsetting the impact of drawdowns in U.S. crude stockpiles. Energy markets reacted little to data from the EIA on Wednesday showing crude inventories fell in line with expectations last week, with some analysts saying the 2.14 million barrel decline versus an expected 5.25 million barrel draw was smaller than they expected.
Natural gas futures are lower by 1% on cooler-than-expected season temperatures, while weekly inventory data is expected to show a build of 67 bcf.
🛢Low growth, high #inflation: Europe will suffer the most from oil shortages
The OECD in its new forecast increased US GDP growth, and for the Eurozone, on the contrary, reduced it to 0.6% this year and 1.1% next year, #Bloomberg notes. The situation on the fuel market will… pic.twitter.com/vrj465ykVL
— Christian Reuel (@ChristianReuel_) September 21, 2023
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
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Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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