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...
A small group of California Republicans has introduced several bills ahead of a special legislative session scheduled for October, despite the challenges...
Helium is the second most abundant element in the universe after hydrogen. It is a colorless and odorless inert gas that has unique...
The oil and gas industry is inherently tied to geopolitical events and domestic policy shifts, and the current combination of rising U.S....
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led talks failed to break an impasse over control...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC), has taken decisive action against a complex network...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry and the acquisition and divestiture deal markets, reports...
A growing number of U.S. and Canadian regional banks are rapidly increasing their presence in the oil, gas, and coal financing market,...
The energy sector is off to a higher start, supported by strength in the underlying commodities and the major equity futures. U.S. equity futures are trading up as investors await another round of earnings from big U.S. banks and on easing bets of a more aggressive Federal Reserve.
WTI and Brent crude oil are trading higher on a weaker dollar and tight supply which overshadowed recession concerns and the potential of widespread COVID-19 restrictions in China. Last week, oil futures on both sides of the Atlantic recorded their biggest weekly declines for about a month on fears that a recession and the spread of the new highly transmissible subvariant of COVID-19 in China, would put a dent in oil demand. The U.S. dollar retreated from multi-year highs this morning, increasing investor interest in commodities such as gold and oil. Over the weekend, U.S. President Joe Biden told Arab leaders that the U.S. would remain an active partner in the Middle East, but he failed to secure commitments to boost oil supply. Markets are focused this week on the resumption of Russian gas flows to Europe via the Nord Stream 1 pipeline which investors worry may be delayed due to the ongoing war in Ukraine.
Natural gas futures rose this morning on warmer weather forecasts in key consuming regions that should spur more demand.
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...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
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...
Have your oil & gas questions answered by industry experts.