In response to conflicts with legislators over fossil fuel drilling fees, the New Mexico State Land Office has halted oil and gas...
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...
The energy sector is off to a higher start, supported by strength in the crude complex and in the major equity futures.
After four consecutive days of declines, WTI and Brent crude oil futures turned this morning, regaining ground amid comments from Saudi Arabia that OPEC+ was sticking with output cuts and could take further steps to balance the market. Their statement was echoed by other OPEC+ members UAE and Kuwait who also denied any talks on changing the latest OPEC+ agreement ahead of their next meeting on December 4th. The meeting is set to take place a day before the start of European and G7 measures in retaliation for Russia's invasion of Ukraine, which could support the market. Lingering global recession worries and concern about China's rising COVID-19 case numbers kept a cap on gains.
Natural gas futures are down ~2% in early trading, pulling back from yesterday’s 7.5% rally on a slightly moderating forecast in key consuming regions and ahead of tomorrow’s storage report.
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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