U.S. President Joe Biden has been actively involved in managing gasoline prices, a concern highlighted by John Podesta, a senior adviser at...
The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb Strait and the Gulf of...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) raised its West Texas Intermediate (WTI) oil price forecast for 2024...
The Biden administration recently granted approval for a significant new oil infrastructure project—the Sea Port Oil Terminal—off the coast of Texas, sparking...
In the evolving landscape of the American financial sector, a notable trend has emerged: several regional banks in the United States are...
Story By Stefanie Eschenbacher and Arathy Somasekhar | MEXICO CITY/HOUSTON, (Reuters) – U.S. weekly imports of Mexican crude oil fell to the...
In the heart of the North Sea, amidst the swirling debates surrounding the future of fossil fuel production and climate change, London-based...
In the dynamic landscape of energy production, Texas has been making significant strides, establishing itself as a pivotal powerhouse in the oil...
Last week witnessed a significant uptick in United States crude oil prices, hitting their peak for the year. Despite this, the combination...
Story by Andreas Exarheas| RigZone.com | Prepare for more turmoil, lower inventories, and higher oil prices, Bjarne Schieldrop, the Chief Commodities Analyst at...
Energy stocks have opened higher, lifted by rising oil and natural gas prices and continued inflation expectations and rotations out of growth and into value equities. The 10-year yield is back at 3-year highs, trading above 2.6%.
In sector news, Piper Sandler upgraded five separate E&Ps, along with TotalEnergies, and the bank also increased a number of price targets across its E&P coverage.
Oil prices remain firm, up over 1%, as global oil demand and tight supplies are expected to keep prices at elevated levels. Additionally, austere Covid-related shutdowns in China are expected to further limit near-term demand increases.
Natural gas futures are higher by nearly 2%, trading around $6.15, ahead of weekly inventory data. Analysts expect a draw of 28 bcf.
Was perhaps best @TheMasters Club Dinner I recall. Great company & conversation. Food was sensational! Best part was when Hideki Matsuyama, who doesn’t speak English well, gave a 3-min speech in English—without a single note. @GaryPlayer then responded. In Japanese. With notes.😉 pic.twitter.com/AShWaaZzvk
— Jack Nicklaus (@jacknicklaus) April 6, 2022
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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