LONDON/HOUSTON/SINGAPORE, (Reuters) – Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from...
By: Reuters – Britain on Monday committed to granting hundreds of licenses for North Sea oil and gas extraction as part of...
Continental is the biggest shale oil producer in North Dakota and Oklahoma, while also drilling wells in Wyoming and in the prolific Permian...
Story By Adrian Hedden|Carlsbad Current-Argus| National policy on controlling air pollution from oil and gas could be modeled after New Mexico’s recently...
By CNBC|Ruxandra Iordache| Saudi Arabia’s economy slowed in the second quarter, as crude output cuts and a drop in oil prices reined...
Chevron Corp, one of the world’s leading oil companies, announced on Friday that its annual oil and gas production is expected to...
In a groundbreaking move towards a greener future, Victoria, the second-most populous state in Australia, has announced its decision to prohibit natural...
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Story By Chris Oberholtz |Fox Weather| America’s largest electric grid operator has issued a Level-1 energy emergency alert as the tremendous demand...
Story Credit: Terence West |EnergyPortal.eu| A major milestone has been reached in the global clean energy sector. In June, the capacity of...
Sandra Day O’Connor, the first woman on the United States Supreme Court, a rancher’s daughter who wielded great power over American law from her seat at the center of the court’s ideological spectrum, died on Friday in Phoenix. She was 93.
The Supreme Court announced her death in a statement, saying the cause was complications of dementia. She grew up in Arizona and lived there most of her life.
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.
A key hearing is set for this Friday in Big Spring, Texas, in a...
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A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
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By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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