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...
Story By Rocky Teodoro | RigZone.com |Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets...
In recent years, European family offices have begun channeling investments into the traditional oil and gas sector, a pivot from the dwindling...
EOG Resources, a key player in the oil and gas industry, is positioning itself for robust growth in 2024 with a strategic...
In a positive development for the ethanol and agricultural industries, the Environmental Protection Agency (EPA) recently gave the nod to requests from...
ALBUQUERQUE, New Mexico (AP) — A New Mexico businesswoman is accused of defrauding the US government and two Native American tribes of...
Story By Andreas Exarheas | RigZone.com |The average U.S. diesel price is down compared to a year ago, according to the AAA...
Vista Energy SAB de CV, a leading Mexican oil firm, has announced a healthy increase in its investment plans for the Vaca...
(Reuters) Excelerate Energy Inc (EE) jumped 17.5% in its market debut on Wednesday, riding on investor demand for companies with exposure to liquefied natural gas (LNG) amid the Russia-Ukraine conflict and ending a lull in U.S. capital markets since the invasion. By the close of the market Thursday, it was up $1.15 closing at $28.00 per share.
The company is a provider of floating LNG terminals and owned by Oklahoma-based energy tycoon George Kaiser. Excelerate is also the first LNG-related IPO in the United States since 2019, indicating a reversal in fortunes for fossil fuel companies as crude oil and natural gas prices bounced back from pandemic lows.
WASHINGTON — The Biden administration announced on Friday that it would resume selling leases for new oil and gas drilling on public lands, but would also raise the federal royalties that companies must pay to drill, which would be the first increase in those fees in more than a century.
The Interior Department said in a statement that it planned to open up 145,000 acres of public lands in nine states to oil and gas leasing next week, the first new fossil fuel permits to be offered on public lands since President Biden took office.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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