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,...
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...
Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, SOTE and OCP, halted flows due to worsening erosion in the Amazonian province of Napo. The company suspended activities this week to prevent further damage to critical infrastructure as erosion along the Coca River continues to threaten oil transport lines and the Coca Codo Sinclair hydroelectric plant, Ecuador’s largest.
Crude oil prices fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as part of a continuing effort to reclaim market share by lowering prices.
Meanwhile, U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
U.S. drivers may pay the lowest Independence Day prices for gasoline at the pump since 2021, as easing tensions between Israel and Iran have helped pull oil prices lower. However, whether cheaper fuel prices will persist for the rest of the summer is a bit harder to predict.
Heightened production from the Organization of the Petroleum Exporting Countries and its allies (OPEC+), along with trade-policy concerns, have muted the “typical springtime rise in prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Earlier this week, the average price for regular unleaded gasoline was $3.155 a gallon, according to GasBuddy. That’s up 6.2 cents a gallon from a month ago, but down 34 cents from a year ago.
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...
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 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....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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