Story By Rocky Teodoro |RigZone.com| CenterPoint Energy, Inc. is selling its Louisiana and Mississippi natural gas local distribution company (LDC) businesses to...
In a surprising move aimed at reducing its debt burden, Occidental Petroleum Corp. is reportedly exploring the sale of its midstream assets,...
The U.S. natural gas sector is facing a challenging period as prices plummet, leading to significant shifts in the industry’s operations and...
The New York State Common Retirement Fund (NYSCRF) is one of the largest public pension funds in the United States. Established in...
The U.S. House of Representatives recently voted to overturn President Biden’s freeze on new liquefied natural gas (LNG) export approvals, marking a...
By Marwa Rashad, Emily Chow and Ron Bousso | REUTERS |Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by...
The recent approval by the Biden administration of the Sea Port Oil Terminal (SPOT), a monumental oil export project off the Gulf...
WASHINGTON, (Reuters, via Yahoo) – The Biden administration’s pause on approving permits for U.S. liquefied natural gas (LNG) export terminals could backfire by boosting...
Story By Andreas Exarheas |RigZone.com|The average U.S. regular gasoline price is rising, the U.S. Energy Information Administration’s (EIA) latest gasoline fuel update,...
Amid a volatile global landscape, oil prices have surged, influenced by a combination of geopolitical tensions, supply concerns, and economic forecasts. Recent...
The energy sector is off to a slightly higher start, supported by modest strength in the major equity futures. The broader markets are set to kick off the week higher as investors wait for inflation data which is expected later this week.
WTI and Brent crude oil futures are edging lower, adding to last week’s declines on continued concerns over demand growth. Market participants are keeping an eye on the latest developments in the Middle East as last night, White House national security adviser Jake Sullivan told CNN that negotiators for the United States, Egypt, Qatar, and Israel had agreed on the basic contours of a hostage deal during talks in Paris but are still in negotiations. Houthis over the weekend targeted a U.S.-owned tanker, the Torm Thor. Goldman Sachs raised its summer 2024 Brent peak forecast to $87 from $85 as Red Sea disruptions spur modestly larger OECD commercial draws. They expect 2024 global demand growth of +1.5M bpd with a decline in China being offset by US/India increase and believe OPEC+ will extend voluntary cuts through 2Q24.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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