By: AP – Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to...
By: Bloomberg – Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to...
By: Associated Press – The upcoming United States winter looks likely to be a bit low on snow and extreme cold outbreaks,...
By Laura Sanicola and Stephanie Kelly. WASHINGTON (Reuters) – U.S. oil refiners have cranked up output of diesel, heating oil, and jet...
By: Oil & Gas Journal – In its latest Short-Term Energy Outlook, the US Energy Information Administration (EIA) projects that natural gas...
By: Reuters – An Alaska state agency on Wednesday sued the Biden administration over its decision to cancel oil and gas leases...
By: Reuters – An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron’s (CVX.N) two liquefied natural...
By: Reuters – Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale...
S&P Global – FACT BOX – US President Joe Biden over the weekend warned Iran from escalating the conflict between Israel and...
By: Ines Ferre’ – Yahoo Finance – ExxonMobil (XOM)’s near-$60 billion acquisition of Pioneer Natural Resources (PXD) highlights Big Oil’s continued appetite for shale...
Energy stocks are set to close out the final session of the third quarter in the green, tracking higher broader index futures and oil prices. Rates are backing off, with the 10-year back below 4.6%, trading around 4.53%. Sector news flow is light as quiet periods are set to commence ahead of earnings season next month.
Oil prices rose on Friday and were headed for a gain of about 3% for the week, driven by tight U.S. supply and expectations of strong fuel demand in China. A backdrop of tight supplies in the U.S. provided further price support, with storage at Cushing, Oklahoma, the delivery point for U.S. crude futures, already at its lowest since July 2022. "Any additional decline would threaten to bring them down to a critical level, which could make further withdrawals difficult," said Commerzbank analyst Carsten Fritsch.
Natural gas futures are lower by 3%, consolidating gains after touching 7-week highs yesterday.
Senator Dianne Feinstein, the trailblazing Democratic power broker who served in the Senate for 30 years, died on Thursday night, according to a family member.
In recent years, Ms. Feinstein, 90, had suffered from frail health and memory issues that made it difficult for her to function alone and prompted calls for her to step down, which she consistently rejected.
Her condition had grown more acute over the past several months, after a bout with shingles that caused serious complications, including a case of encephalitis, and prompted her to begin using a wheelchair in the halls of the Capitol.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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