Story By Tsvetana Paraskova |OilPrice.com| Proponents of critical minerals as the way to have a world running solely on renewables and electric...
By Georgina Mccartney |Reuters| Oil and gas activity in Texas, Louisiana, and New Mexico rose modestly in the second quarter of 2024, the...
Spanish oil major Repsol is moving forward with plans to sell a minority interest in its Eagle Ford shale assets located in...
As the U.S. oil and gas sector navigates its way through an era of unprecedented consolidation, the industry’s major players face a...
(Bloomberg) — Quantum Capital Group has agreed to buy Caerus Oil and Gas in a deal that values the Rocky Mountain energy...
In Oklahoma, mineral rights are a cornerstone of both the legal framework and economic vitality, directly influencing property owners and investors alike....
Nevada, often recognized for its rich deposits of precious metals, has a less celebrated but equally intriguing history in oil exploration. This...
Story Credit: Lucy Brewster – Brew Markets | For many investors, trading commodities can seem like a whole different world that defies...
Amazon has decided not to utilize a controversial natural gas pipeline to power one of its upcoming data centers, according to company...
While tech improvements have been transformative, the greatest advances have come from eliminating downtime. ~Maria Peacock Story By Maria Peacock |Research Director,...
In earnings news, Kinder Morgan reported a 20.3% rise in quarterly adjusted profit on Wednesday as the U.S pipeline operator received a boost from jet fuel demand, with the company also benefiting from re-contracting some natural gas pipelines at a higher rate. The pipeline operator cashed in on the pent-up travel demand, which resulted in a 19% rise in jet fuel volumes transported in the second quarter. It said adjusted earnings for its natural gas pipelines were up 6% at $1.13 billion. The company also increased its dividend by 3%.
Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike stoked demand worries and returning oil supply from Libya eased supply concerns. Oil futures trading volumes have been thin and prices volatile as traders have to square weaker energy demand with tighter supply resulting from the loss of Russian barrels after the country's invasion of Ukraine. U.S. gasoline inventories rose by 3.5 million barrels last week, government data showed on Wednesday, far exceeding analyst forecasts. "U.S. gasoline demand is struggling to shift into top gear during the peak summer driving season," said PVM analyst Stephen Brennock.
Natural gas prices are off by 20 cents ahead of weekly inventory data. Analysts expect a build of 46 bcf.
Front-month Nymex natural gas (NG1:COM) for August delivery closed +10.2% to $8.007/MMBtu, its highest settlement since June 13 and up more than 47% so far this month.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
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...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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