In short, geopolitical risk is still both large and intact, in our view ~Standard Chartered Story by Andreas Exarheas| RigZone.com | Recent oil...
Let’s dive into why Liquefied Natural Gas (LNG) is often seen as a game-changer in the shift from coal to cleaner energy...
Abigail Celaya and Madeline Nguyen |Arizona Republic| The eastbound lanes of Interstate 40 at Chambers, Arizona, remained closed Saturday evening after a...
In the current landscape of the energy sector, the staggering investments exceeding $100 billion by the two largest oil companies in the...
The latest pursuit of oil exploration in the ecologically delicate Apalachicola River basin has ignited a renewed wave of opposition, as environmentalists...
Story by Andreas Exarheas| RigZone.com | In a release sent to Rigzone this week, Enverus Intelligence Research (EIR) outlined that U.S. upstream merger...
Recent legal actions have arisen in Denver and Colorado as building owners, hoteliers, and real estate developers oppose new environmental mandates they...
In March, the upstream sector of the Texas oil and natural gas industry achieved unprecedented growth, setting a new record for job...
By Tsvetana Paraskova |OilPrice.com| Halliburton Company (NYSE: HAL) booked slightly higher-than-expected adjusted earnings for the first quarter, driven by rising international demand for...
As the landscape of U.S. oil exports evolves, ambitious projects like the Sea Port Oil Terminal (SPOT) spearheaded by Enterprise Products Partners...
Benchmark U.S. crude oil for April delivery fell 33 cents to $78.54 per barrel Wednesday. Brent crude for April delivery rose 3 cents to $83.68 per barrel.
Wholesale gasoline for March delivery fell 7 cents to $2.27 a gallon. March heating oil fell 9 cents to $2.66 a gallon.
April natural gas rose 8 cents to $1.89 per 1,000 cubic feet.
The energy sector is off to a slightly lower start, pressured by weakness in the major equity futures which are lower as investors wait for the release of January’s PCE data tomorrow morning.
WTI and Brent crude oil futures are trading near the flatline following last night’s API print which showed a sizable build in crude stocks and as market participants await economic data to assess the path for interest rate cuts. U.S. crude stocks showed an 8.43 million barrel build in the week ending Feb. 23, which surpassed expectations of a 1.8 million barrel build. Federal Reserve Governor Michelle Bowman signaled on Tuesday that she was in no rush to cut U.S. interest rates, particularly given continuing inflation risks. Meanwhile, the possibility of OPEC+ extending voluntary oil output cuts is lending support.
Natural gas futures rebounded this morning after touching their lowest levels in nearly four years following the expiry of the March contract yesterday, despite forecasts for milder weather.
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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