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 head of the Organization of the Petroleum Exporting Countries — a group of the world’s major oil producers — told CNN...
By: Reuters – The Biden administration’s five-year plan for offshore oil and gas leasing will not include any sales in 2024 and...
While there’s been a lot of angst over the shrinking US inventories, there are yet to be any concrete signs of a...
Over the past year, few currencies have done worse than Russia’s rouble. Last September an American dollar bought just over 60 of...
SANTA BARBARA, Calif. (AP) — ExxonMobil lost a court bid Wednesday to truck millions of gallons of crude oil through central California...
LONDON (AP) — Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings...
The Fed, Interest Rates and Inflation; a Story By Sarah Foster |Bankrate| Consumers and investors were spared from a 12th rate hike...
(Bloomberg) -- China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as the nation’s economic woes continue to stand in the way of a full rebound from Covid Zero.
The energy sector is off to a mixed to lower start, looking past strength in the underlying commodities while the major equity futures extend declines. U.S. stock index futures fell as a jump in U.S. bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive shares and set Wall Street up for another selloff.
WTI and Brent crude oil futures have rebounded slightly in early trading after dropping sharply from more than three-month highs in the previous session as concerns around supply tightness offset the impact on sentiment of a U.S. government credit downgrade. Crude is supported by supply concerns because of output cuts by OPEC+ which a meeting today is expected to keep in place, further eroding inventories.
Natural gas futures are trading higher, recovering from yesterday’s selloff amid forecasts for hotter-than-normal weather continuing through mid-August, especially in Texas.
(Reuters) - Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include September, the state news agency SPA said on Thursday.
The agency cited an official source at the Ministry of Energy as saying the cut can be "extended, or extended and deepened".
The kingdom's production for September will be approximately 9 million barrels per day (bpd), the source said.
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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