Story from Rystad Energy| Argentina has made a big step forward in attracting foreign and domestic investment into the country’s energy sector...
Brent oil prices fell in Asian trading on Tuesday, driven by growing concerns over weakening economic conditions in China that could reduce...
By Tim Bradner For the Frontiersman | Alaska wage and salary employment was up 2% in July, continuing a steady trend of...
Irina Slav for Oilprice.com | Oil stocks went back in vogue two years ago with a vengeance as investors sought to take...
Mark Jaffe | The Colorado Sun| A proposed draft of rules to manage the cumulative impacts of oil and gas drilling is...
StoryBy Jennifer Pallanich |Journal of Petroleum Technology |Across the US, the number of college students pursuing petroleum engineering degrees has been dropping, leaving...
by Rachel Frazin | The Hill |The Biden administration announced on Tuesday it was protecting 28 million acres of public lands in Alaska, reversing a...
China National Petroleum Corp (CNPC), Asia’s largest oil producer, is reassessing its global strategy with an eye on reviving its dealmaking activities....
By Mitchell Ferman|Bloomberg| About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people quietly buttresses...
New Zealand announced on Monday that it will pass new legislation by the end of this year to reverse a ban on...
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and in the major equity futures which fell as traders navigate a wave of earnings announcements and the start of the Fed's two-day policy meeting. Earnings season continued to ramp up today with ExxonMobil posting a record $56 billion profit for 2022, beating earnings expectations for the fourth quarter.
WTI crude oil futures extended their slide lower for the third-straight session and hit a two-week low this morning, falling on concerns of further interest rate hikes, strength in the U.S. dollar and ample Russian crude flows. Investors expect the U.S. Federal Reserve will raise interest rates by 25 basis points Wednesday, with half-point increases coming from the Bank of England and European Central Bank the following day. Further bearish sentiment followed news that Russia's oil loadings from its Ust-Luga port is expected to rise at the beginning of February despite the western sanctions. Traders are also looking for the outcome of an OPEC panel meeting tomorrow with the group expected to recommend keeping the group's current output policy unchanged.
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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