By: Reuters – U.S. crude oil production was essentially flat in May compared with April – a sign lower prices and a...
Story By Avi Salzman |Barron’s| Oil prices notched their sixth straight weekly gain, the longest winning streak in more than a year....
Story By Thomas Catenacci|Fox News|The Biden administration proposed a plan to lock up nearly 1.6 million acres of public lands from oil...
Story By Matthew DiLallo|The Motley Fool |Chevron (CVX) recently reported its second-quarter results. The headline was that the oil giant produced a $6 billion...
DUBAI, United Arab Emirates (AP) — The U.S. military is considering putting armed personnel on commercial ships traveling through the Strait of...
A story this week from Hart Energy highlighted the recent activity of South Texas operator Magnolia Oil & Gas, which closed a...
(Reuters) -Shale producers Pioneer Natural Resources Co and Devon Energy Corp on Tuesday tightened budgets and warned of lower drilling and completions...
By: Yahoo – The Railroad Commission of Texas has granted approval for the Trinity Gas Storage natural gas storage project (“Trinity“), a critical...
Chesapeake Energy, a leading U.S. oil and gas company, announced on Wednesday that it anticipates a decrease in oilfield service costs by...
By: CNBC – Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil...
The energy sector is off to a higher start, supported by strength in the crude complex. Meanwhile, the major equity futures are flat ahead of today’s central bank meeting where traders expect the Fed to keep rates unchanged.
WTI and Brent crude oil futures are recovering yesterday’s losses ahead of the keenly watched meeting of the U.S. central bank for clues on interest rate policy, falling treasury yields, and as the conflict in the Middle East escalates. Israel admitted to striking a refugee camp in Gaza which was being used as a command center by Hamas. An unconfirmed large number of civilians were killed and a number of world leaders have condemned the strikes. OPEC crude output rose by 180K bpd in October driven by Nigeria and Angola. EIA data is set to be reported today, following last night’s API reading which showed a crude build of 1.35 million barrels.
Natural gas futures are pulling back after yesterday’s sharp gains despite forecasts for cooler temperatures.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a stark reminder of the volatile energy landscape and the relentless drive for...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
After months of tough negotiations and political tension, the United States and Ukraine have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Have your oil & gas questions answered by industry experts.