On July 11, 2024, the U.S. Federal Trade Commission (FTC) sent a second request for additional information to both ConocoPhillips and Marathon...
Story By Jason Plautz| E&E News |Politico| After years of flat power demand, America’s digital economy is turning electricity into a growth industry....
The global liquefied natural gas (LNG) market witnessed a significant surge in trade, growing by 3.1% in 2023 to an average of...
Story by Andreas Exarheas| RigZone.com|Recent Houthi attacks in the Red Sea have sharply increased, disrupting shipping routes and impacting oil markets, Rystad Energy...
A new Solana-based crypto initiative, Elmnts, is set to revolutionize the blockchain space by introducing the tokenization of oil and gas well...
Story from Bloomberg, via RigZone.com| Michael Nienaber & Petra Sorge| Germany is nearing a decision on what to do with the local...
Devon Energy (DVN.N) announced on Monday its strategic move to acquire Grayson Mill Energy, a major Bakken-focused energy producer owned by private...
[From Geo.TV] According to state-run APP, a group of local and international oil and gas exploration and production (E&P) companies is ready...
Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, is to temporarily pause on-site construction work at its 820,000 tonnes a year...
Bolivian state energy firm YPFB is actively seeking to revitalize the country’s struggling oil and gas sector by attracting new investments and...
The energy sector is off to a higher start, supported by a rally in crude oil contracts as conflict in Israel ratchets up the geopolitical risk premium. Futures tied to the major equity indices are lower amid rising geopolitical tensions which is putting pressure on a market dealing with surging inflation and interest rates.
WTI and Brent crude oil futures are kicking off the week sharply higher, recovering some of last week’s losses fueled by this weekend’s attack by Hamas on Israeli towns. Analysts said the situation now brings discussion around whether or not other nations including Saudi Arabia and Iran will be drawn into the conflict. According to Reuters, global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending October 6, according to a Goldman Sachs note to clients, just before the price of oil jumped this morning. Hedge funds had, as of Friday, ramped up selling to the fastest pace since early June in shares of U.S. companies that manufacture chemicals, building materials, and paper products, said the note from Goldman Sachs' prime brokerage.
Natural gas futures are extending last week’s gains amid today’s rally in crude oil and as preliminary estimates for the EIA weekly storage data had a build of +83 to +93 Bcf vs 5-yr avg of +93 Bcf.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
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