In the midst of a bitter cold snap, Texas faces an alarming situation as natural gas output has plummeted to an 11-month...
In a recent development that has sent ripples through the global oil markets, oil prices have exhibited a slight decline amidst escalating...
A series of earthquakes near Edmond and Arcadia, Oklahoma, occurring late Friday night and continuing into early Saturday morning, have captured significant...
BlackRock Inc., a global investment management corporation, finds itself at the center of a complex situation in Texas. Despite being banned from...
In an unprecedented move to address the increasing seismic activity in West Texas, the Railroad Commission of Texas, the state’s oil and...
The oil and gas industry in 2024 is navigating a complex landscape of challenges and evolving regulations, particularly in the United States....
On January 8, 2024, the downtown area of Fort Worth, Texas, was rocked by a devastating explosion at the historic Sandman Signature...
The recent ruling by the U.S. Supreme Court marks a significant development in the ongoing legal battle between the State of Minnesota...
The Panama Canal is of immense strategic importance to crude oil shippers significantly reducing the voyage time for oil tankers traveling between...
Texas, a state pivotal to the United States’ oil and gas industry, finds itself bracing for a series of severe weather events...
The energy sector is off to a higher start supported by strength in the crude complex, meanwhile, the major equity futures are mostly unchanged the day after the Nasdaq reached highs last touched since November 2021.
WTI and Brent crude oil futures are higher as market participants wait for OPEC’s decision on a supply agreement for the second quarter and digest Chinese economic data. According to Reuters, three OPEC+ sources said the organization is considering extending voluntary oil output cuts in the second quarter, which may take effect until the end of the year. China’s February manufacturing PMI was in line with expectations at 49.1, contracting for a fifth straight month.
Natural gas futures are modestly lower on forecasts for seasonally warmer weather and expectations for a lower-than-expected draw in storage. Preliminary estimates for EIA storage data week ending today has a draw of (35) to (45) Bcf vs the 5-year average of (93) Bcf.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
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