Oklahoma, historically recognized as a top-five producer of oil and natural gas, is now rapidly gaining prominence in the renewable energy sector....
Crude oil inventories in the United States fell this week by 2.428 million barrels for the week ending June 7, according to...
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...
The energy sector is starting higher, supported by strength in the crude complex. Meanwhile, the major equity futures are mixed after US stocks bounced on Thursday following a largely unexplained late-day selloff in the prior session. Headline and core PCE came in a bit cooler than expected for November, fitting the broader disinflation theme.
WTI and Brent crude oil futures are higher in early trading on a weaker dollar and as more maritime carriers are avoiding the Red Sea due to recent attacks on vessels carried out by the Houthi militant group. Oil contracts are set for a second-consecutive higher week as hundreds of large vessels are rerouting around the southern tip of Africa, a longer route adding 10-14 days of travel, to escape drone and missile attacks by Yemeni Houthis that have pushed up oil prices and freight rates. Elsewhere, OPEC has yet to comment on Angola’s decision to leave the group. Oil-related news is quiet so far today in what should be a low-volume session of trading.
Natural gas futures are flat as preliminary estimates have storage for the week-ending today with a draw of (75) to (85) Bcf vs the 5-year average of (123) Bcf.
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.89 per barrel Thursday. Brent crude for February delivery fell 31 cents to $79.39 per barrel.
Wholesale gasoline for January delivery fell 4 cents to $2.16 a gallon. January heating oil fell 1 cent to $2.70 a gallon. January natural gas rose 12 cents to $2.57 per 1,000 cubic feet.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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