Russian oil companies are experiencing significant delays in receiving payments for their crude oil and fuel exports, with some waits extending to...
In January, the US Energy Information Administration (EIA) reported a monumental achievement in the American oil industry: domestic crude oil production reached...
By Bloomberg, via RigZone.com |Mohammed Hatem, Christine Burke | The Yemen-based Houthi militants renewed their threats against Saudi Arabia, warning it not...
Story By Mella McEwen |Midland Reporter Telegram| Despite a nearly 25% decline in the rig count last year, US crude oil production...
At a recent summit in Brussels, key figures from pro-nuclear European nations and energy specialists advocated for a resurgence of nuclear energy....
Story By Leslie Sattler | TCD, via Yahoo News | In Colorado, abandoned oil wells have sparked lawsuits from fed-up landowners. What’s...
In a significant move reflecting the ongoing debate around Environmental, Social, and Governance (ESG) investment strategies, the Texas Board of Education has...
Duke Energy’s transition from coal to natural gas at their Marshall Steam Station on Lake Norman is a significant example of how...
Story By Kyle Bakx | CBC News |The head of the world’s largest energy company on Monday urged the world to accept...
The United States is currently undertaking the task of buying oil to replenish its Strategic Petroleum Reserve (SPR) after a significant drawdown...
The energy sector is off to a higher start, supported by strength in the crude complex but weakness in the broader equity futures is keeping a cap on sentiment. The major averages are set to open in negative territory following the release of U.S. jobs data that came in hotter than expected.
WTI and Brent crude oil are higher for the fourth-consecutive day amid concerns over tight supply just as a winter storm hits the United States. The drop in stockpiles as shown in yesterday’s EIA report comes as demand for heating oil is set to soar with a powerful winter storm hitting the United States. The storm is expected to bring sub-zero wind chills as far south as Texas and record-breaking forecast for Florida and the eastern states. In international news, Russian crude oil exports via the Transneft system - including pipelines and key outlets on the Baltic and Black seas as well as on the Pacific Ocean - might drop by 575,000 b/d in the first three months of 2023 compared to what was scheduled for the October-December period.
Natural gas futures slipped lower in early trading as forecasts for warmer weather over the next two weeks in key consuming regions outweigh concerns over the incoming winter storm.
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...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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 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....
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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