Story by Andreas Exarheas|RigZone.com| Global oil demand in early May indicates tepid year-over-year growth, analysts at J.P. Morgan, including Natasha Kaneva, Head of...
So, you’ve just inherited mineral rights in Oklahoma and you’re thinking about selling. First off, congratulations, that inheritance could be a great...
[Reuters] By Lisa Baertlein and Jarrett Renshaw | U.S. energy groups are asking President Donald Trump’s administration to exempt liquefied natural gas...
By Tsvetana Paraskova for Oilprice.com | The Rockefeller Foundation is launching a Coal to Clean Credit Initiative (CCCI), with which it will...
The global oil market is facing one of its most complex periods in recent memory. OPEC+ is adding more barrels back to...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the US’ Permian Basin and with high visibility into...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of rival BP, a merger that could reshape both...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two oil refineries in India is being held back...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth of fuel it delivered to the electric carmaker’s...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have surged by over 20% from the same period...
King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment.
The announcement, made by Buckingham Palace on Monday evening, came a week after the 75-year-old sovereign was discharged from a London hospital, after a procedure to treat an enlarged prostate. The palace did not disclose what form of cancer he has but said the cancer was detected during that procedure.
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and major equity futures which are modestly lower as traders are cautious following Fed Chairman Powell’s hawkish tone last week.
WTI and Brent crude oil futures are adding to last week’s sharp losses as concerns over “higher-for-longer” interest rates and a higher dollar outweighs increasing geopolitical tensions in the Middle East. Over the weekend, the White House national security adviser said the U.S. intends to launch more strikes at Iran-backed groups in the Middle East. This comes as the U.S and Britain targeted Tehran-aligned factions in Iraq, Syria and Yemen over the past three days. The U.S Central Command also said they conducted strikes in self-defense against seven Houthi anti-ship missiles preparing to launch against vessels in the Red Sea. Elsewhere, two Ukrainian attack drones struck the largest oil refinery in southern Russia on Saturday which is the latest in a series of long-range attacks on Russian oil facilities.
Natural gas futures are lower as forecasts Sunday afternoon have everywhere West of the Rockies ex-TX, CO and NM experiencing above-normal temperatures.
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...
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...
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 Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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