Story By Matthew Monks|Bloomberg| The biggest energy deal of the year has thrown up a much-needed win for the US’s major investment...
Story By Chris Mathews |Hart Energy| With its roughly $60 billion blockbuster deal to acquire Pioneer Natural Resources, Exxon Mobil aims to...
By: KEYT – Governor Newsom signed Assembly Bill 1167, the Orphaned Well Prevention Act, into law on Saturday expanding the financial responsibilities...
By: Reuters – There’s little doubt that direct air capture (DAC) is divisive: on the one hand, it is a relatively simple...
Story By Jeremiah Budin | TCD |The air pollution generated by gas-powered lawn maintenance equipment is truly astonishing. According to the Environmental Protection...
By: Reuters – Prior to the outbreak of fighting between Hamas and Israel, investors had become less bullish about the outlook for crude oil...
By: CNBC – OPEC on Monday raised its medium- and long-term forecasts for global oil demand. The oil producer group said the...
By: Reuters – Israel has suspended production at the Tamar gas field off its southern coast and will seek alternative fuel sources...
STORY BY Matthew Loh| Business Insider, via Yahoo News| The US is likely to directly intervene with air and naval strikes if...
By: Reuters – The White House may have blamed Exxon Mobil (XOM.N) for high energy prices taking their toll on consumers, but would struggle...
The energy sector is off to a broadly lower start, pressured by mild weakness in the underlying commodities and the major equity futures. U.S. stock index futures were largely subdued as investors were on edge in the run up to Federal Reserve Chair Jerome Powell's comments which are expected to hold clues on the interest rate path.
WTI and Brent crude oil futures steadied with the market seemingly unconvinced that the latest round of production cuts by the OPEC+ coalition will be able to lift prices out of their recent slump. Yesterday OPEC+ producers agreed to remove around 2.2 million bpd of oil from the global market in the first quarter of next year, which included a rolling over of Saudi Arabia and Russia's current 1.3 million bpd of voluntary cuts. The market received the news with skepticism and confusion, driven by concerns about compliance given the voluntary nature of the reductions, as well as investors' prior expectations of deeper cuts.
Natural gas futures are down in early trading as the NOAA's 6-10 day outlook shows above-normal temps over most of the US from OH, TN and the Lower MS Valleys westward to the Pacific Coast, especially across the northern and central Great Plains.
By: News 9 – A Connecticut energy startup company plans to build a lithium...
Elliott Investment Management, a prominent activist investor, has recently acquired a $1 billion stake...
The world lost two of our older and wiser inhabitants this week, with the...
Google has recently initiated a groundbreaking geothermal energy project in Nevada, contributing carbon-neutral electricity...
Story Credit: Andreas Exarheas |RigZone.com|The U.S. Energy Information Administration (EIA) increased its Henry Hub...
The Biden Administration on Tuesday announced the successful sale of oil and gas drilling...
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+,...
STORY BY Mella McEwen, Oil Editor |Midland Reporter| Two major deals put Permian Resources...
Story by Andreas Exarheas | RigZone.com |In an oil and gas report sent to...
By: Reuters – Venezuela is currently producing some 850,000 barrels per day (bpd) of...
The U.S. stock market is expected to end November on a high note, with...
Story By Arathy Somasekhar HOUSTON, (Reuters) – U.S. oil pipeline and export terminal operators...
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