In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared his candid views on the future of U.S....
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US crude hub in Cushing have drained to near...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry. The Madrid-based company announced that it has started...
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject a joint application filed by five lithium companies...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax raid on the UK’s North Sea oil and...
A federal judge has hit the pause button on new oil and gas drilling permits in Converse County, Wyoming because of some...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and diesel fuel update, released earlier this week, showed...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may climb to near-record levels if demand from oil...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that he believes are detrimental to the natural gas...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are planning new natural gas-fired power generation at the...
The energy sector is moving higher this morning, supported by strength in the crude complex and in the major equity futures. Wall Street futures inched higher as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.
WTI and Brent crude oil futures are trading higher for the second-consecutive session due to comments made by the US Fed Chair on more interest rate hikes and on Israel's ongoing attacks on Gaza, fueling supply fears. However, weakening China's Price Index, which fell 2.7 percent yearly and 0.2 percent monthly in October, and the rise in US crude oil stockpiles by an estimated 11.9 million barrels limited price upswings. Meanwhile, OPEC+ is set to meet on Nov. 26 to establish production policy, and the focus will be on whether Saudi Arabia extends a 1 million barrel-per-day voluntary cut set to expire at the end of this year.
Natural gas futures slid for the fifth-straight day on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
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Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
In the last 24 hours, tensions in the Middle East have entered a new...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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