Echo Minerals, an affiliate of Echo, has announced a significant milestone with the completion of an asset sale totaling over half a...
Story By Myra P. Saefong |MarketWatch| Gasoline prices at the pump marked what GasBuddy referred to on Monday as an “ultra-rare” double-digit...
On May 2, 2024, an inspiring event unfolded as the first-place team in the Technical Track of the 2023 Geothermal Collegiate Competition...
Story By Tsvetana Paraskova for Oilprice.com| Brent crude prices are set to rise to $86 per barrel this summer amid strong consumer...
The echo of injustice reverberated through Blaine County as the local sheriff, Travis Daugherty, issued a heartfelt apology to a man who...
Story By Rocky Teodoro |RigZone| According to the International Energy Agency (IEA), two-thirds of global energy investments will go to clean technologies...
In the past year, U.S. oil and gas producer Devon Energy (DVN.N) has faced significant challenges in its attempts to acquire at...
Oil and gas companies are escalating their efforts to block a series of high-profile lawsuits aimed at holding the industry accountable for...
Story By Shelby Webb | E&E News| The nation’s most prolific oil region, the Permian Basin, is becoming a hub for industries...
South Korean oil and gas shares experienced a significant surge on Monday following President Yoon Suk Yeol’s approval of a plan to...
The energy sector is poised for a higher start, backed by strength in the crude complex but gains will be capped by a drop in broader equity sentiment. Futures dipped lower this morning after Walmart cut its profit forecast amid rising food inflation, sending retail stocks tumbling in the premarket. The news comes ahead of a busy week of earnings, economic data, as well as the outcome of the Federal Reserve meeting with the markets expecting a three-quarter percentage point hike. On the economic front, investors are expecting the latest reading of the Case-Shiller Home Price Index, the consumer confidence report and new home sales data later this morning.
WTI and Brent crude oil futures continued to gain ground for a second day, boosted by increasing concerns about tightening European supply after Russia cut gas supply through a major pipeline. The gains come despite the strength of the dollar. Gazprom said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity and the cut in supplies is expected to leave countries unable to meet their goals to refill natural gas storage ahead of the winter demand period.
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...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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