Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in early 2024 affected the cash flow generation of dozens...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed to strengthen the growth and financial stability of...
Story By Andreas Exarheas|Rigzone.com| The natural gas market is impacted by a combination of national, global, fundamental, and weather-related factors. That’s what...
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...
The energy sector is off to a higher start, supported by strength in the underlying commodities and in the broader markets. The major market indices edged higher ahead of the Federal Reserve policy meeting this week and on Q2 earnings which will allow investors to gauge the impact of a strong dollar and high inflation.
WTI and Brent crude oil are up in early trading as supply fears outweighed concerns over future aggressive rate hikes which would put a dent in demand. A weaker dollar combined with gains in the broader markets is also adding support to oil futures. European leaders are set to discuss a revised proposal where EU countries would cut gas use by 15% from August to March, in an effort to prepare for a winter of uncertain energy supplies. The European Union is expected to strike a deal on Tuesday. A repaired gas turbine will be installed in the Nord Stream 1 pipeline once it is returned after maintenance, and natural gas will then be supplied in "corresponding volumes", a Kremlin spokesman said on Monday. The Nord Stream 1 pipeline has only been operating at a 40% capacity since it resumed gas flows.
Natural gas futures rose this morning on forecasts for hotter weather and higher demand next week than previously expected.
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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