Story from Hart Energy – Via Yahoo News. Plains All American Pipeline company reported strong second-quarter results highlighted by improved operations and...
By: Reuters – U.S. oil and gas producer Coterra Energy (CTRA.N) joined its peers in posting a sharp drop in quarterly profit on...
By: AP – Saudi state-run oil giant Aramco on Monday reported $30 billion in second-quarter profit, a nearly 40% decline from the...
Offshore Wind Costs. A Story By David Turver |The Telegraph| We are all familiar with the apocryphal tale that if you tell...
Story By Bob Campbell |Odessa American| Occidental Petroleum Corp. President-CEO Vicki Hollub says the Permian Basin is the core of the highest...
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...
King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment.
The announcement, made by Buckingham Palace on Monday evening, came a week after the 75-year-old sovereign was discharged from a London hospital, after a procedure to treat an enlarged prostate. The palace did not disclose what form of cancer he has but said the cancer was detected during that procedure.
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and major equity futures which are modestly lower as traders are cautious following Fed Chairman Powell’s hawkish tone last week.
WTI and Brent crude oil futures are adding to last week’s sharp losses as concerns over “higher-for-longer” interest rates and a higher dollar outweighs increasing geopolitical tensions in the Middle East. Over the weekend, the White House national security adviser said the U.S. intends to launch more strikes at Iran-backed groups in the Middle East. This comes as the U.S and Britain targeted Tehran-aligned factions in Iraq, Syria and Yemen over the past three days. The U.S Central Command also said they conducted strikes in self-defense against seven Houthi anti-ship missiles preparing to launch against vessels in the Red Sea. Elsewhere, two Ukrainian attack drones struck the largest oil refinery in southern Russia on Saturday which is the latest in a series of long-range attacks on Russian oil facilities.
Natural gas futures are lower as forecasts Sunday afternoon have everywhere West of the Rockies ex-TX, CO and NM experiencing above-normal temperatures.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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