By: Reuters – Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil...
Denver’s energy powerhouse, Civitas Resources Inc., is expanding its upstream footprint in the Permian Basin. The company has inked a $2.1 billion...
By: CNBC – It’s been a war of words and numbers between two major players in the energy industry – the International...
By: Anastasia Hufham – The Salt Lake Tribune – Utah made $1.4 billion in royalty revenue from gas and oil production on public...
By: Reuters – Oil prices tumbled by more than 4% on Wednesday following reports that Russia may lift its diesel ban in...
The Economist, via Yahoo News: In the first half of the year, Saudi Arabia and its allies in the Organisation of the...
By Alexander Tanas – CHISINAU (Reuters) – Moldova has not used Russian gas since late last year, but it is keeping open...
By: Mark Olalde – ProPublica – The California Legislature recently passed a bill that would provide the state’s taxpayers some of the...
By: CNBC – Chief executives of some of the world’s largest energy companies on Monday sought to defend themselves from criticism, saying...
Story by Andreas Exarheas|RigZone.com| In the latest Dallas Fed Energy Survey, which was released last week, executives from 138 oil and gas firms...
The energy sector kicked off November higher, backed by strength in the crude complex and in the major equity futures which rose as rates fell ahead of the FOMC’s rate decision as investors hope for a sign that the Fed will ease its tightening stance in the months ahead.
WTI and Brent crude oil futures jumped higher this morning, recouping yesterday’s declines amid weakness in the U.S. dollar which offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand. The greenback sank this morning from a one-week high against a basket of major peers, as traders weighed the odds of a less aggressive Federal Reserve at Wednesday's monetary policy meeting. Traders also noted that OPEC+'s upcoming oil output cuts and record US oil export data also support oil prices. The markets will be looking to the supply reports as the next major catalysts which analyst expect to show a rise in U.S. crude stocks.
Natural gas futures are in retreat this morning after rallying over 10% rally, sliding ahead of Thursday’s storage report while forecasts for more demand this week than previously expected buoyed prices.
Russia has begun delivering oil products to Iran as part of a swap deal, the Interfax news agency reported on Tuesday, citing Deputy Prime Minister Alexander Novak.
Novak, who manages Russia's energy diplomacy, said the list of products to be included in the agreement would be widened in the near future.
Reuters -
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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