Laila Kearney (Reuters) – PG&E (PCG.N), California’s largest electric utility, has seen a jump of more than 40% this year in requests...
In the heart of West Texas, where the highways stretch for miles and the horizon is dotted with pumpjacks, oil theft is...
by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran over the weekend were “very good,” as he...
The Railroad Commission of Texas (RRC) announced a major milestone in its employee training efforts this week, highlighting the successful completion of...
Story By David French (Reuters) – President Donald Trump’s pro-energy policies were meant to speed up the construction of the next generation...
by Andreas Exarheas| RigZone.com |In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst...
Oil markets jolted higher on Tuesday following breaking reports that Israel may be preparing for a strike on Iranian nuclear sites. The...
As Texas faces mounting pressure from population growth, prolonged drought, and aging water infrastructure, lawmakers and industry leaders are pushing an ambitious...
By: Anna Kaminski | Kansas Reflector | TOPEKA — The Trump administration is attempting to strike protections for the lesser prairie chicken, a...
President Donald Trump continued his tour of the Gulf this week by announcing a series of sweeping economic and diplomatic deals with...
The energy sector is starting higher, supported by strength in the crude complex. Meanwhile, the major equity futures are mixed after US stocks bounced on Thursday following a largely unexplained late-day selloff in the prior session. Headline and core PCE came in a bit cooler than expected for November, fitting the broader disinflation theme.
WTI and Brent crude oil futures are higher in early trading on a weaker dollar and as more maritime carriers are avoiding the Red Sea due to recent attacks on vessels carried out by the Houthi militant group. Oil contracts are set for a second-consecutive higher week as hundreds of large vessels are rerouting around the southern tip of Africa, a longer route adding 10-14 days of travel, to escape drone and missile attacks by Yemeni Houthis that have pushed up oil prices and freight rates. Elsewhere, OPEC has yet to comment on Angola’s decision to leave the group. Oil-related news is quiet so far today in what should be a low-volume session of trading.
Natural gas futures are flat as preliminary estimates have storage for the week-ending today with a draw of (75) to (85) Bcf vs the 5-year average of (123) Bcf.
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.89 per barrel Thursday. Brent crude for February delivery fell 31 cents to $79.39 per barrel.
Wholesale gasoline for January delivery fell 4 cents to $2.16 a gallon. January heating oil fell 1 cent to $2.70 a gallon. January natural gas rose 12 cents to $2.57 per 1,000 cubic feet.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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 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...
(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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
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