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....
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.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
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