China claims much of the South China Sea, part of the Pacific Ocean that is bounded by China, Taiwan, Indonesia, the Philippines, Malaysia,...
The recent court ruling against Kern County’s oil and gas permitting process has been a significant victory for environmentalists and local communities....
In 1951 Aramco found the first offshore oil field in the Middle East. In the 1970s and ’80s, control gradually passed to the...
In 2024, the Permian Basin is poised to witness the ongoing impact of private operators amidst a landscape that’s increasingly being shaped...
Efforts by US banks to resist stricter capital regulations have found unexpected support from the renewable energy sector, which cautions that the...
(Bloomberg) via World Oil – U.S. natural gas prices surged after EQT Corp., the nation’s largest producer, said it will slash production...
In a significant development within the oil sector, the Organization of the Petroleum Exporting Countries (OPEC) reported an increase in oil production...
In recent months, China’s LNG import strategy has demonstrated a significant shift, setting new records and reflecting broader trends in the global...
The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting...
In 2024, the oil and gas industry is poised for a year of strategic recalibration, with capital expenditure (CAPEX) decisions reflecting a...
The energy sector is off to a lower start, pressured by weakness in the crude complex. U.S stocks are expected to open slightly higher ahead of minutes from the Federal Reserve’s November policy meeting.
WTI and Brent crude oil futures are down this morning as the Group of Seven Nations considers a price cap on Russian oil and on demand concerns amid growing COVID-19 cases in China. According to European officials, the group is looking to cap Russian oil at a range of $65-70/bbl. A U.S Treasury official said the price cap will most likely be adjusted a few times a year. As of late Tuesday, China ramped up their COVID-19 containment measures in an effort to control the outbreaks. Today’s losses have been limited by a fall in U.S crude inventories which were down by 4.8 million barrels last week.
Natural gas futures are sharply higher after ending mostly unchanged yesterday amid worries of a possible rail strike and delays in the restart of the Freeport LNG export plant which outweighed forecasts for milder weather than previously expected.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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...
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....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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