Story By Carla Sands |The Telegraph| At the G20 conference this month, President Biden stated that “the only existential threat humanity faces...
By: Reuters – A former deputy chief of Russian natural gas producer Novatek (NVTK.MM) was sentenced on Thursday to seven years and two months...
By: Reuters – Government policies to fight climate change are discouraging oil companies from investing heavily in new production even as they...
Story By Avi Salzman |Barron’s| Oil prices are nearing $100 a barrel, and an increasing number of analysts expect prices to surpass...
Nissa Darbonne |Hart Energy| When will pension, endowment, and other large investors return to oil and gas stocks? Some of them simply...
In June last year, the Government proudly announced that the UK imported no coal, oil, or gas from Russia for the first...
By: Adrian Hedden – Carlsbad Current-Argus – An Oklahoma-based oil and gas company increased its Permian Basin presence through three buyouts valued...
As the Trans Mountain, Dakota Access, and Line 5 pipelines continue to face legal and regulatory setbacks, North American crude output is...
CALGARY, Alberta, (Reuters) – The CEOs of top Saudi Arabian and U.S. oil producers Aramco (2222.SE) and Exxon Mobil (XOM.N) on Monday pushed back...
By: Reuters – China’s record crude oil processing and robust imports in August have painted a bullish picture of demand in the world’s largest...
The energy sector is off to a mixed-to-higher start amid a rally in equity futures, which has outweighed a fall in crude oil contracts. U.S. equities are higher in the pre-market as investors react to positive Q1 earnings from Microsoft, while they await to digest more corporate data which will provide clues on the Fed’s interest rate path. As earnings season continues to heat up, Hess Corp reported first-quarter earnings, beating Wall St estimates, and disclosed a new discovery offshore Guyana by a consortium led by Exxon Mobil.
WTI and Brent crude oil are slightly lower as falling U.S. inventories failed to eclipse weak economic data and concerns over a hard landing. According to API figures, U.S crude stockpiles fell by about 6.1 million barrels last week, outpacing a 1.9-million-barrel decrease in gasoline inventories. Additionally, WTI Midland is set to be added to the S&P Global Platts and is the first crude from outside the region to be added to the traditionally European-based basket. The amount of Midland crude arriving in Europe has climbed in the past year, following the sanctions on Russia which have only strengthened the importance of WTI across the Atlantic.
Natural gas futures are lower on the last day before the expiration of the front-month contract on forecasts for milder weather in the next two weeks.
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...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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....
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