By: Robert Perkins & Eliza Turner – S&P Global – Russia has largely lifted its ban on diesel exports just two weeks after...
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...
The energy sector is off to a mixed to higher start, supported by strength in the crude complex and in the major equity futures. U.S. stock index futures turned higher as data showed July job growth in the United States was softer-than-expected, but retained enough momentum to likely shield the economy from a recession amid aggressive tightening by the Federal Reserve.
WTI and Brent crude oil futures are trading higher for the second-straight session after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to cut output through September. Following the meeting of an OPEC+ ministerial panel, the group made no changes to the current oil output policy after a Saudi decision to extend its voluntary production cut into September helped oil prices rally further. The group's output cuts, excluding the additional voluntary reductions from the three producers, amount to 3.66 million bpd, roughly 3.6% of global demand. The JMMC will hold its next meeting on Oct. 4.
Natural gas futures are down in early trading, retreating from yesterday’s gains while the NOAA's 6-10 day outlook shows above-normal temps across most of the western and southern US, especially over southeastern NM and western TX.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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 Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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