Introducing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the captivating stories of the pioneering individuals who shaped the...
Next week, Oklahomans will decide who takes a seat on the Oklahoma Corporation Commission, which oversees utilities and the oil and gas...
By Trevor Hawes, Editorial Director | Midland Telegram Reporter |A thunderstorm in West Texas can certainly be an amazing sight to see, but...
by Bloomberg| G.Smith, S.Cheong, A.Longley, M.Gindis |Oil traders are divided over whether OPEC+ will proceed with plans to restore production in December, as...
With the U.S. presidential election less than a week away, energy policy has become a key topic of debate, especially around the...
Georgina McCartney | Reuters |A top economist for the state of New Mexico, the second-largest oil-producer in the U.S., this week released...
Ukraine is struggling to meet its gas storage target for this winter, falling short of the 13.2 billion cubic meters (Bcm) goal...
In the Permian Basin, a prime oil-producing territory, a critical issue has surfaced: the theft of crude oil. FBI findings reveal increased...
Overview: Preparing for the 2024-2025 Winter Heating Season As winter approaches, both natural gas utilities and consumers brace for a season impacted...
U.S. natural gas production from shale and tight formations, which accounts for 79% of dry natural gas production, decreased slightly in the first...
The energy sector is off to a mixed start, pressured by weakness in the crude complex but supported by strength in the major equity futures which bounced higher this morning following yesterday’s late-day selloff.
After three consecutive days of strong gains, WTI and Brent crude oil futures turned lower and were down over 1.5% in early trading. Reports showing higher inventories and record output in the United States weighed on prices and overshadowed lingering concerns over global trade disruptions in the Red Sea. In their latest inventory report, the EIA said that U.S. crude inventories rose by 2.9 million barrels last week, compared with analysts' expectations for a 2.3 million barrel draw and that U.S. crude output rose to a record 13.3 million bpd last week, up from the previous all-time high of 13.2 million bpd. Investors continue to worry about trade disruptions as major maritime carriers choose to steer clear of the Red Sea route, with longer voyages increasing transport and insurance costs.
Natural gas futures turned higher this morning following yesterday’s 1.8% drop, boosted by updated cooler weather forecasts in key consuming regions but gains were capped ahead of the weekly storage report. Analysts expect the EIA data to show a draw of (80) Bcf last week vs the 5-year average of (107) Bcf.
Since the 2015 end of the US' decades-long ban on most crude oil exports, the Texas city of Corpus Christi has flourished into the nation's oil export epicenter, handling more than half of the 4 million barrels per day of US crude exports in the first six months of 2023. Amid dreams of expansion, the city contends with the societal impacts of the energy industry's growth on certain neighborhoods and faces challenges, including an unsuccessful bid to host a federally funded hydrogen hub.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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