Argus Media | Growing associated gas production and rising breakeven prices for new oil wells are creating fresh challenges for Permian producers....
Story from BIC.com | The facility will be located near Reno, Nevada, and capable of producing up to 10 GWh of batteries...
Story By Charles Kennedy for Oilprice.com | Europe’s benchmark natural gas prices seesawed in Wednesday morning trade in Amsterdam as concerns about...
California Governor Gavin Newsom signed a new law on Monday aimed at preventing gas prices from spiking, marking his latest move in...
Story By Simon Watkins for Oilprice.com | As with the Russia-Ukraine War, a key component of the Israel-Hamas War (and the underlying...
Texas is known as the energy capital of the world, but as Chevron’s Duncan Healey points out, other states play a crucial...
Story By Andreas Exarheas |RigZone.com| Brent crude futures are in correction mode due to the uncertainty surrounding China’s economic outlook and stimulus...
LNG Canada, a massive liquefied natural gas export terminal led by Shell, is set to begin operations next year, but analysts are...
Story by Andreas Exarheas|RigZone.com| Natural gas prices are digesting the damage from Hurricane Milton in Sarasota Country, Tampa, and other areas caught in...
In 2024, the United States has solidified its position as the world’s leading driver of natural gas demand, largely fueled by power...
After three straight days of gains, WTI and Brent crude oil futures eased this morning on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would further tighten supply. The Russia-Kazakh Caspian Pipeline Consortium will resume full exports from April 22 after almost 30 days of disruptions following repairs on one of its key loading facilities, single port mooring 3. The CPC pipeline carries around 1.2 million barrels per day of Kazakhstan's main crude grade, light sour CPC Blend. The volume accounts for 1.2% of global demand.
Natural gas futures are trading lower as NOAA's 6-10 day forecast shows near- to above-normal temps across much of the southwestern and Southeasterm US, and central High Plains. Below-normal temps are seen for the Northwest, much of the Great Plains, Great Lakes and Northeast.
(Reuters) - U.S. hydraulic fracturing firm Liberty Oilfield Services Inc (LBRT.N) on Wednesday reported a first-quarter loss but said it expected robust demand for drilling services to drive higher margins and revenue growth this quarter.
Liberty said the U.S. hydraulic fracturing market is nearing full utilization as demand has increased but supply is limited due to labor shortages, supply chain constraints, and continued equipment attrition.
The company also said underinvestment is contributing to tightness in the market, echoing comments made by rival Halliburton (HAL.N) earlier this week. read more
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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