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...
Story By Mike Maharrey | MoneyMetals.com|. Could the world be creeping closer to a monetary gold standard? Steve Forbes sees signs that...
Bloomberg| Story By Julian Lee| An oil tanker holding Russian crude oil off the coast of Ghana is finally unloading its cargo...
OKLAHOMA CITY – Blaine Dyer, 42, of Oklahoma City, and James Dyer, 39, of Edmond, have been sentenced to a total of...
Story By Pat Maio | Cowboy State Daily | The Wyoming office, with federal oversight of public lands, has scheduled an auction...
The likelihood of an especially active Atlantic hurricane season raises concerns about weather-related disruptions in the U.S. oil and gas sector, according...
The energy sector is off to a slightly higher start, supported by modest strength in the major equity futures. The broader markets are set to kick off the week higher as investors wait for inflation data which is expected later this week.
WTI and Brent crude oil futures are edging lower, adding to last week’s declines on continued concerns over demand growth. Market participants are keeping an eye on the latest developments in the Middle East as last night, White House national security adviser Jake Sullivan told CNN that negotiators for the United States, Egypt, Qatar, and Israel had agreed on the basic contours of a hostage deal during talks in Paris but are still in negotiations. Houthis over the weekend targeted a U.S.-owned tanker, the Torm Thor. Goldman Sachs raised its summer 2024 Brent peak forecast to $87 from $85 as Red Sea disruptions spur modestly larger OECD commercial draws. They expect 2024 global demand growth of +1.5M bpd with a decline in China being offset by US/India increase and believe OPEC+ will extend voluntary cuts through 2Q24.
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...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
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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