By: Associated Press – The upcoming United States winter looks likely to be a bit low on snow and extreme cold outbreaks,...
By Laura Sanicola and Stephanie Kelly. WASHINGTON (Reuters) – U.S. oil refiners have cranked up output of diesel, heating oil, and jet...
By: Oil & Gas Journal – In its latest Short-Term Energy Outlook, the US Energy Information Administration (EIA) projects that natural gas...
By: Reuters – An Alaska state agency on Wednesday sued the Biden administration over its decision to cancel oil and gas leases...
By: Reuters – An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron’s (CVX.N) two liquefied natural...
By: Reuters – Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale...
S&P Global – FACT BOX – US President Joe Biden over the weekend warned Iran from escalating the conflict between Israel and...
By: Ines Ferre’ – Yahoo Finance – ExxonMobil (XOM)’s near-$60 billion acquisition of Pioneer Natural Resources (PXD) highlights Big Oil’s continued appetite for shale...
Argentina is home to the world’s second-biggest trove of shale gas in Patagonia’s Vaca Muerta, or Dead Cow, formation A Story about...
The EIA government agency is out with a prediction that Americans will pay less on heating this winter compared to last winter....

The three major U.S. stock-market indexes ended higher on Thursday.
Stocks pulled ahead after strong earnings from Micron Technology revived some excitement in the AI trade, while a softer-than-expected inflation report helped investors make the case for more Federal Reserve interest-rate cuts in 2026.
Stocks held on to those gains throughout the day. Although the Nasdaq Composite was up as much as 2% at one point, the index was off of those highs by the end of the day.
The Dow Jones Industrial Average ended the day about 0.1% higher, according to preliminary data from FactSet.
The S&P 500 closed 0.8% higher.
The Nasdaq Composite ended 1.4% higher.
Recent data from Chinese customs reveals a complex landscape for the nation’s downstream sector. Total refined product exports in November reached 5.12 million tons, marking a 13.3% increase from October despite a slight 2.2% year-on-year decline. For the first eleven months of 2025, cumulative exports have contracted by 3.2% to 52.65 million tons.
Market performance remains bifurcated across product lines. Jet fuel continues to lead growth, with November exports surging 53.6% to 2.43 million tons. Conversely, gasoline exports plummeted 51.7% in November, reflecting a broader 16% year-to-date decline. On the processing side, refinery throughput remains robust. November runs averaged 14.86 million barrels daily, a 39% increase over 2024 levels, even as maintenance sidelined 1.2 million barrels of daily capacity. These figures underscore China’s strategic pivot toward high-demand middle distillates while navigating fluctuating global gasoline requirements and aggressive crude stockpiling.
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
The history of the global oil and gas industry is inextricably linked to the...
Santa Fe, NM – New Mexico Attorney General Raúl Torrez filed a lawsuit on...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
By Irina Slav for Oilprice.com | The Permian Basin is the largest contributor to U.S....
The oil and gas sector enters 2026 navigating a more turbulent trade and policy...
Have your oil & gas questions answered by industry experts.
