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...
“Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.” -Albert Einstein From HistoryFacts.com |...
Enterprise Products Partners L.P. is embarking on a significant expansion of its natural gas processing capabilities in the Permian Basin, specifically in...
Story By Sascha Pare | LiveScience.com | Laboratory results for a helium reservoir discovered in northern Minnesota suggest concentrations of the sought-after...
“I think at this point, the market is expecting OPEC to maintain restraint,” Hennessey Funds portfolio manager Ben Cook said by phone....
Charif Souki, recognized as a trailblazer in the United States liquefied natural gas (LNG) industry, has recently faced a significant financial setback....
The energy sector is off to a mixed start, supported by strength in natural gas contracts, but pressured by modest weakness in the major equity futures as the broader market takes a breather from last week’s record highs.
WTI and Brent crude oil futures are mostly unchanged as traders take profits on news of the widely expected extension of voluntary output cuts by OPEC+. Over the weekend, OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Algeria, Oman and Kazakhstan all announced they will be extending voluntary production/supply cuts through the end of 2Q24. Russia said it will be cutting output and exports by an additional 471K bpd after cutting combined crude oil/fuel exports 500K bpd during 1Q24. As tensions in the Middle East heighten, Israeli forces swept into the Palestinians' administrative capital of Ramallah in the occupied West Bank last night.
Natural gas futures are sharply higher this morning on EQT’s announcement to reduce output by 1.0 Bcfd through March in response to low natural gas prices.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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