LONDON (Reuters) – The addition of U.S. WTI Midland crude into the global dated Brent oil benchmark has gone smoothly, the head...
(Reuters) – Two U.S. energy companies, Bridgeland and Zargon, said in a new lawsuit that their former law firm Winston & Strawn...
On Monday, the Energy Information Administration (EIA) reported on how the growth in oil production had raised natural gas production volumes across...
Story By David Wethe |Bloomberg, via Rigzone.com| Wages for US oil workers climbed for a third straight month, setting a fresh record...
By: The Guardian – Rishi Sunak will this week announce legislation for a new annual system for awarding oil and gas licences...
By: Reuters – Top oil exporters Saudi Arabia and Russia confirmed on Sunday they would continue with their additional voluntary oil output...
(Reuters) – U.S. energy company Tellurian Inc. said on Thursday it remains on target to produce the first liquefied natural gas (LNG)...
Story By Andreas Exarheas |RigZone.com| In a new report sent to Rigzone this week, analysts at Standard Chartered said they think their...
In the bustling world of the energy sector, companies often find themselves in a dance of acquisitions, looking for the right partners...
NEW YORK (Reuters) – U.S. field production of crude oil rose to a new monthly record in August at 13.05 million barrels...
The energy sector is off to a mixed-to-higher start, supported by strength in natural gas futures and the broader markets, despite weakness in the crude complex. U.S stocks are set to open mostly higher a day after a brutal sell-off on Wall St, as the market awaits to digest more inflation data.
WTI and Brent crude are moving higher during a choppy morning of trading as investors remain concerned the Federal Reserve will continue to aggressively raise interest rates which will put a dent in oil demand. The IEA in its September MOMR today expects global oil demand growth to come to a halt in 4Q22 and with supply outpacing demand into 2Q23, there should be a "much needed" build in stocks. Growth in global oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD. Additionally, the Biden administration is looking at refilling the SPR at $80/barrel oil as Secretary of State Blinken stated a new nuclear agreement with Iran in the near term was unlikely.
Natural gas futures are up as record levels of output continue to lend support and on forecast for higher demand in the next two weeks than previously expected.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
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