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....
Story By Mike Taylor | TCD, via Yahoo |There is increasing alarm about West Texas oil fields that continue to produce toxic...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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