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...
Story by Rocky Teodoro|Rigzone.com| Energy Transfer LP is acquiring WTG Midstream Holdings LLC in a transaction valued at approximately $3.25 billion from...
ConocoPhillips has made a significant move in the oil and gas industry by agreeing to acquire Marathon Oil Corp. in an all-stock...
Story By Paul Monies |The Oklahoman, via Yahoo News| It could be Christmas in July for the Oklahoma oil and gas industry...
Story by By Felicity Bradstock |OilPrice.com| The wind energy industry has fallen into a rut, as several major companies have been plagued with...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
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...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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