Story By Stephen Cunningham |Argus Media| Future merger and acquisition activity may not be able to match the size of the deals...
Story by Andreas Exarheas|Rigzone Staff| World oil demand continues to exceed expectations, the International Energy Agency (IEA) stated in its latest oil...
The European Union’s recent agreement to significantly curb methane emissions in the energy sector marks a pivotal step in its ongoing battle...
Story By Rocky Teodoro|RigZone.com|Australia’s Karoon Energy Limited is acquiring a 30 percent interest in the Gulf of Mexico’s Who Dat and Dome...
JERUSALEM (AP) — Yemen’s Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route on Sunday, officials said, taking over...
By: Reuters – A U.S. jury has convicted two Texas men of trying to sell Iranian petroleum in violation of sanctions imposed...
By: S&P Global – Rising natural gas-to-oil ratios will continue to support gas production in the US’ Bakken Shale, Oneok executives said....
Story By Arathy Somasekhar HOUSTON, (Reuters) – U.S. oil pipeline and export terminal operators are stepping up quality checks on WTI Midland...
Story By Sabrina Valle, Shariq Khan and David French|Reuters| Chevron Corp (CVX.N) said it is evaluating options for around 70,000 net acres of land in East Texas’ Haynesville...
Story By Spencer Kimball |CNBC.com| ExxonMobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation...
The energy sector is off to a higher start, supported by strength in the crude complex but weakness in the broader equity futures is keeping a cap on sentiment. The major averages are set to open in negative territory following the release of U.S. jobs data that came in hotter than expected.
WTI and Brent crude oil are higher for the fourth-consecutive day amid concerns over tight supply just as a winter storm hits the United States. The drop in stockpiles as shown in yesterday’s EIA report comes as demand for heating oil is set to soar with a powerful winter storm hitting the United States. The storm is expected to bring sub-zero wind chills as far south as Texas and record-breaking forecast for Florida and the eastern states. In international news, Russian crude oil exports via the Transneft system - including pipelines and key outlets on the Baltic and Black seas as well as on the Pacific Ocean - might drop by 575,000 b/d in the first three months of 2023 compared to what was scheduled for the October-December period.
Natural gas futures slipped lower in early trading as forecasts for warmer weather over the next two weeks in key consuming regions outweigh concerns over the incoming winter storm.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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