by Bloomberg|Paul-Alain Hunt, Stephen Stapczynsk| According to Kevin Gallagher, the head of Santos Ltd, demand for natural gas will remain strong despite government...
Mergers and acquisitions in the U.S. oil and gas industry increased by 57% last year, as companies in the U.S. also increased...
APA Corporation is considering the sale of oil and gas drilling properties located in the Permian Basin, spanning Texas and New Mexico,...
Mark Jaffe’s report in The Colorado Sun details how Prospect Energy’s operations in Larimer County have been shut down due to severe...
The U.S. liquefied natural gas (LNG) sector, despite its rapid rise as the world’s largest exporter, is facing increasing challenges that threaten...
By Julianne Geiger for Oilprice.com | U.S. average gasoline prices fell week over week on Friday, at $3.42 per gallon—the cheapest Friday...
By Mella McEwen,Oil Editor |Midland Reporter Telegram| Endeavor Energy Resources announced on Friday the passing of its founder and chairman of the board,...
Governor Gavin Newsom’s recent proposal to require California refiners to maintain a minimum fuel reserve may seem like a bold move to...
Story by Andreas Exarheas| RigZone.com| Hedge funds and Commodity Trading Advisors (CTAs) reduced their longs across the four main Brent and WTI...
Chevron has achieved a significant milestone in oil production, announcing on Monday that it has successfully pumped oil from a field operating...
The energy sector is moving higher this morning, supported by strength in the crude complex and in the major equity futures. Wall Street futures inched higher as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.
WTI and Brent crude oil futures are trading higher for the second-consecutive session due to comments made by the US Fed Chair on more interest rate hikes and on Israel's ongoing attacks on Gaza, fueling supply fears. However, weakening China's Price Index, which fell 2.7 percent yearly and 0.2 percent monthly in October, and the rise in US crude oil stockpiles by an estimated 11.9 million barrels limited price upswings. Meanwhile, OPEC+ is set to meet on Nov. 26 to establish production policy, and the focus will be on whether Saudi Arabia extends a 1 million barrel-per-day voluntary cut set to expire at the end of this year.
Natural gas futures slid for the fifth-straight day on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
In the last 24 hours, tensions in the Middle East have entered a new...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
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