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...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in the U.S. shale industry, recently voiced strong criticism...
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign pledge for sure, but one that has me...
The Energy Workforce & Technology Council (EWTC) has just released its 2024 Workforce Report, created in collaboration with Accenture. This report offers...
Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to stop producing electricity from burning coal, ending its...
When Cindy Taff was a vice president at Shell in Houston, she often worked from home, and her middle school-aged daughter, Brianna,...
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its Hurricane Response Team and is monitoring offshore oil...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal Trade Commission (FTC), which has stepped in to...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov. Gavin Newsom signed bills Wednesday that will shut...
(Reuters) Excelerate Energy Inc (EE) jumped 17.5% in its market debut on Wednesday, riding on investor demand for companies with exposure to liquefied natural gas (LNG) amid the Russia-Ukraine conflict and ending a lull in U.S. capital markets since the invasion. By the close of the market Thursday, it was up $1.15 closing at $28.00 per share.
The company is a provider of floating LNG terminals and owned by Oklahoma-based energy tycoon George Kaiser. Excelerate is also the first LNG-related IPO in the United States since 2019, indicating a reversal in fortunes for fossil fuel companies as crude oil and natural gas prices bounced back from pandemic lows.
WASHINGTON — The Biden administration announced on Friday that it would resume selling leases for new oil and gas drilling on public lands, but would also raise the federal royalties that companies must pay to drill, which would be the first increase in those fees in more than a century.
The Interior Department said in a statement that it planned to open up 145,000 acres of public lands in nine states to oil and gas leasing next week, the first new fossil fuel permits to be offered on public lands since President Biden took office.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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