Liam Halligan|The Telegraph| Oil prices are up almost a third over the last three months. It’s a hugely significant increase that could...
AFP, via Yahoo News. The United States confirmed Friday that it seized a tanker load of Iranian oil in April, just before...
By: Rocky Teodoro – RigZone – Magnolia Oil & Gas Corp. has entered into a definitive agreement to acquire certain oil- and...
By: Clyde Russell – Reuters – The liquefied natural gas (LNG) industry has changed its tune from saying it is a transition fuel...
(Bloomberg) — The Biden administration is taking steps to thwart oil development in remote reaches of Alaska by canceling leases to drill...
SAN JUAN, Puerto Rico (AP) — Hurricane Lee whirled through open waters on Thursday as forecasters warned it could become the first...
By: CNBC – UAE oil giant ADNOC — run by the president of the COP28 climate conference — is expected to spend...
By Salman Ghouri and Farris Ahmad|OilPrice.com, via Yahoo News|The oil industry is quite familiar with the concept of a “Peak Oil Supply,”...
BILLINGS, Mont. (AP) — A Louisiana company will receive $2.6 million to relinquish the last remaining oil and gas lease on U.S. forest...
Warren Buffett was born in Omaha in 1930. He developed an interest in the business world and investing at an early age,...
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.
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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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