Elliott Investment Management, a prominent activist investor, has recently acquired a $1 billion stake in Phillips 66, a major player in the...
The world lost two of our older and wiser inhabitants this week, with the death of Charlie Munger, at 99, and now...
Google has recently initiated a groundbreaking geothermal energy project in Nevada, contributing carbon-neutral electricity to the state’s power grid, primarily to support...
Story Credit: Andreas Exarheas |RigZone.com|The U.S. Energy Information Administration (EIA) increased its Henry Hub price forecasts for 2023 and 2024 in its...
The Biden Administration on Tuesday announced the successful sale of oil and gas drilling rights in Wyoming, generating $3.4 million. This sale...
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, are currently considering deepening their oil production cuts....
STORY BY Mella McEwen, Oil Editor |Midland Reporter| Two major deals put Permian Resources on the radar of energy watchers. First was...
Story by Andreas Exarheas | RigZone.com |In an oil and gas report sent to Rigzone late November 22, Macquarie strategists said they...
By: Reuters – Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million...
The U.S. stock market is expected to end November on a high note, with predictions of sustained momentum through the end of...
The energy sector is off to a Holiday shortened week lower, pressured by weakness in the underlying commodities and the major market futures. Concerns of an economic recession as central banks across the world take aggressive actions to tame inflation has sent Wall St. lower in early trading.
WTI and Brent crude oil are down in early trading, as investors continue to remain concerned about the possibility of a recession, despite supply constraints heightened by an expected production cut in Norway due to a possible escalation of an ongoing strike. Oil and gas from Norway, Europe’s second-largest energy supplier after Russia, is in high demand as the country is traditionally a reliable and predictable supplier. The leader of the Lederne trade union said in an interview, that the union would escalate the strike to pressure employers to address demands for wage increases to compensate for rising inflation. The planned escalation could cut 56% of the Nordic country’s gas exports from Saturday, increasing the concern of tight supply.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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