Story By Chris Mathews | Hart Energy, via Yahoo News| Midcontinent oil and gas producer Mach Resources is planning to go public,...
By: Carlsbad Current-Argus – Oil and gas operations in the Permian Basin continued to decline this week, signaling American supplies were meeting...
Story By Alex Mills | Wichita Falls Times Record News| Saudi Arabia’s decision to reduce its oil supply has played a significant...
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...
Oil prices are surging, with WTI trading around $110.59 and Brent crude oil at $113.28, amid tight global oil supply-demand dynamics. Meanwhile, OPEC+ agreed on Thursday to another modest monthly oil output increase, arguing that the producer group could not be blamed for disruptions to Russian supply and saying China's coronavirus lockdowns threatened the outlook for demand.
Natural gas futures are slightly lower, down 10 cents and trading around $8.31, near fresh 13-year highs. Stable production, tight supply, and Russian embargos are all contributing. Analysts expect a build of 69 bcf in today’s weekly inventory report.
Energy stocks are set to open mostly higher, with surging profits being reported across the sector, and large gains in oil and natural gas prices this morning underpinning the sector. A slew of earnings releases across the E&P, OFS, and driller groups reported last night and this morning were lifted by booming commodity prices, which have driven robust profits. The theme of passing through surplus cash flow to investors remained prevalent, with dividends boosted widely and share repurchase announcements both announced and increased.
ConocoPhillips, Shell, Pioneer Natural Resources, California Resources, and Chesapeake Energy were among those that either increased dividends and initiated or increased share repurchases.
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...
Have your oil & gas questions answered by industry experts.