Story By Terence West |EnergyPortal.eu| The New Mexico Supreme Court has ruled in favor of an oil company in a dispute with...
Story By Ari Natter|Bloomberg| China would be blocked from purchasing oil from the US’s emergency SPR stockpile under legislation slated for a...
A new regulation announced by the Biden administration on Thursday signifies cost escalation for oil and gas corporations seeking to drill on...
By: Reuters – A group of nearly 150 environmental justice groups urged the Biden administration on Wednesday to abandon talks with global...
(Reuters) – Halliburton Co (HAL.N) and Baker Hughes Co (BKR.O) on Wednesday reported results that beat analysts’ estimates for second-quarter profit, but the oilfield services firms...
By: Carlabad Current-Argus – Two new natural gas processing facilities recently began service in the Permian Basin as companies seek to match...
As a record-breaking heat wave bore down in June, extreme temperatures triggered a series of failures in West Texas’ gas supply infrastructure...
In a recent article by The Wall Street Journal titled “The Shale Industry Is Dropping Drilling Rigs Fast,” the authors Mari Novik...
By: CNBC – India’s ability to import more Russian oil may have hit a limit, analysts tell CNBC, citing infrastructural and political...
In the scorching midst of a nationwide heatwave, Death Valley National Park emerges as a fascinating and alluring destination. MarketWatch highlights the...
The energy sector is off to a lower start, pressured by weakness in the major averages. U.S. stock futures are trading down as the markets expect the Federal Reserve to maintain its aggressive monetary policy stance at tomorrow’s policy meeting.
WTI and Brent crude oil futures are now down in early morning trading as investors remain on alert ahead of the Federal Reserve policy meeting tomorrow where it is expected the Fed will raise interest rates by 75 basis points. Markets around the world remain concerned on the possibility of a global economic slowdown as central banks across the world hike interest rates in order to tame inflation. This morning, Sweden's central bank hiked its benchmark rate by a greater than expected full percentage point and warned of more to come. Rate hikes are expected from the Bank of England and the Swiss Central Bank which will hold their policy meetings on Thursday. Tighter monetary policies have also lent support to the U.S. Dollar which is holding up near a 20-year high. Additionally, the DOE said it would sell up to 10M barrels from the SPR for delivery in November, which extends the plan's original aim to sell 180M barrels by the end of October.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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