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,...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and gas reserves. A significant discovery of oil and...
Story By Charles Kennedy for Oilprice.com| Refining margins across Asia fell this week to their lowest level for this time of year...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition of natural gas gathering and processing assets from...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to the rapid expansion of data centers. Sandy Segrist...
The Matterhorn natural gas pipeline, currently the largest under construction in Texas, has begun transporting small amounts of natural gas from the...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the U.S. Energy Information Administration reported an estimated inventory...
In a recent interview, Lorenzo, the CEO of Baker Hughes, shed light on the company’s strategy and the broader energy market’s trajectory....
Benchmark U.S. crude oil for February delivery fell $4.09 to $72.84 a barrel Wednesday. Brent crude for March delivery fell $4.26 to $77.84 a barrel.
Wholesale gasoline for February delivery fell 10 cents to $2.26 a gallon. February heating oil fell 12 cents to $2.97 a gallon. February natural gas rose 18 cents to $4.17 per 1,000 cubic feet.
Energy stocks opened lower as falling oil prices continue to weigh in on the sector. The major market futures are higher ahead of the release of notes from the most recent Federal Reserve Meeting in hopes the Fed will ease their stance on aggressive interest rates.
WTI and Brent crude oil futures continue to trend lower, after slumping in the previous session, amid concerns over weak demand due to a slowing global economy. Additionally, rising COVID-19 cases in China have pushed investors to the edge of their seat as the possibility of the nation reintegrating coronavirus curbs increases. Signs of a weakening global economy are being seen across the world, with nations such as China which recently increased export quotas for refined oil products in the first batch for 2023, signaling expectations of poor domestic demand. Also, Saudi Arabia may further cut the prices for its flagship Arab Light crude grade to Asia in February, after they were set at a 10-month low for this month, as concerns of oversupply continued to cloud the market.
Natural gas futures are slightly higher after plunging more than 10% yesterday as North America continues to experience warmer-than-normal temperatures.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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,...
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