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...
Story Credit: MarketWatch.com | Happy birthday, America! Thursday marks the 248th anniversary of ratifying the Declaration of Independence — and the Fourth...
This week marks a significant technological milestone at the Railroad Commission of Texas with the launch of State Tracking and Reporting (LoneSTAR)....
Story By Ed Pearcey |Global Data|via Yahoo News| The budget committee of the US Senate has started an investigation into suspicions of...
Over the past few years private equity funds have been finding it difficult to attract investors to the oil and gas sector....
The energy sector is off to a mixed start, supported by strength in crude oil contracts, while the broader market futures are lower ahead of the release of minutes from the Federal Reserve’s July policy meeting. Two mid-stream deals were announced this morning, with Energy Transfer announcing it will acquire Crestwood Energy Partners in an all-cash deal worth $7 billion and Holly Sinclair announced it will purchase the remaining shares of Holly Energy Partners for $21.57 per unit in cash and stock.
WTI and Brent crude oil futures are edging higher following two-consecutive days of losses as tight supply, a weaker dollar, and high gasoline demand modestly outweigh sluggish economic data from China. July’s retail sales and industrial output data from China has worried traders who are wondering whether China will meet its growth target of 5% for the year without more stimulus. Market participants are also skeptical that yesterday’s unexpected rate cut from China will be enough to boost their economy. Gasoline demand has surged to its highest levels this year as U.S. motorists try to squeeze one last trip before the Labor Day holiday. Last night’s API data showed a draw of 6.195M barrels, much larger than analysts had expected.
Natural gas futures are extending yesterday’s losses, on expectations for a build in last week’s inventory of +38 Bcf vs 5-year average +41 Bcf.
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...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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....
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