Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting a market-led shift away from high-carbon investments that...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with EQV Ventures Acquisition Corp, signaling a renewed investor...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs spiked this month to a two-year high, driven...
Trying to catch up in oil and gas production is difficult enough. It becomes even harder when competitors keep pulling further ahead....
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions of barrels of Russian crude at Indian refineries...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month since the coronavirus pandemic of 2020, data from...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its 1.8 Bcf/d Louisiana Energy Gateway (LEG) pipeline into service,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing a rough road ahead. The Trump administration has...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink their drilling footprints, Armstrong is doing the opposite,...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels, marks one of the most consequential energy declarations...
(Reuters) - Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.
Brent crude futures fell $1.39, or 1.87%, to $73.06 a barrel. U.S. West Texas Intermediate crude settled at$69.22 a barrel, down $1.45 or 2.05%.
Brent settled more than 7% lower this week, while WTI lost around 8%, marking their biggest weekly declines since Sept. 2, when OPEC and the International Energy Agency cut their forecasts for global oil demand in 2024 and 2025.
In China, the world's top oil importer, the economy grew at the slowest pace since early 2023 in the third quarter, though September consumption and industrial output beat forecasts.
"China is key to the demand side of the equation so that is very much weighing on prices here today," said John Kilduff, partner at Again Capital in New York.
China's refinery output declined for the sixth straight month as thin refining margins and weak fuel consumption curbed processing.
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
Have your oil & gas questions answered by industry experts.