In an eye opening move for the energy sector, Houston-based Crescent Energy Co. has announced a merger with its local rival, SilverBow...
Story By J. Robinson | S&P Global | US natural gas producers’ commitment to slow drilling activity in response to low gas...
Oklahoma Attorney General Gentner Drummond recently announced the termination of the legal team hired by State Treasurer Todd Russ to defend a...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum products dropped to levels last seen in late...
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. This strategic move significantly enhances ExxonMobil’s footprint in the oil-rich...
Story by Jerry Bohnen |OK Energy Today|Ten years after SandRidge Energy had nearly 1,900 employees, the Oklahoma City energy company is down...
Oil and gas companies have added to the so-called fracklog for the second consecutive month, signaling a potential slowdown in U.S. shale...
Chinese companies have secured a significant number of contracts to explore oil and gas fields in Iraq, as revealed by Iraq’s Oil...
In a significant development that has captured the attention of international observers, Russia has reportedly discovered vast oil and gas reserves within...
Michigan Attorney General Dana Nessel recently announced her plans to initiate a lawsuit against the fossil fuel industry, highlighting the role these...
The energy sector is off to a higher start, supported by strength in oil futures, while U.S. futures are lower as negotiations between the White House and the Republican representatives continue, with no clear compromise in sight.
WTI and Brent crude oil futures are higher on concerns over tight supply and as investors digest a warning from the Saudi Energy minister who raised the prospect of further OPEC+ cuts. According to the API, crude inventories fell about 6.8 million barrels last week, in line with gasoline inventories which dropped 6.4 million barrels. The market will be keeping an eye on EIA data to confirm these inventory levels which would mark a third-consecutive week of falling gasoline inventories.
Natural gas futures are higher, attempting to end a 3-day losing streak driven by bearish weather forecasts and higher production. The consensus for EIA weekly storage data due tomorrow has a build of +102 Bcf vs the 5-year average of +96 Bcf.
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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
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...
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