Story By Rachel Ramirez|CNN| A brutal heat wave is expanding across Texas and the South this week, impacting millions of Americans with triple-digit temperatures...
In the tumultuous world of oil and gas, managing mineral rights can be a formidable task, particularly for the average individual. The...
By: CNBC – Saudi Arabia’s state-owned oil giant Aramco is bullish on oil markets for the rest of 2023 as demand from...
Story By Brian Knox |Wise County Messenger| A former Boyd Texas resident, Billy Marcum, Jr., has been sentenced to more than 17...
By: Reuters – A U.S. judge on Monday signaled he was prepared to go ahead with selling Venezuela-owned oil refiner Citgo Petroleum’s...
Carbon Credits: Story by Keaton Peters |Inside Climate News| Tyler Crabtree was working in the oil and gas industry in North Dakota, trying...
Nearly half of about 100 exploration and production (E&P) companies surveyed by the Federal Reserve Bank of Dallas say they expect their...
Story By Chris Matthews |Hart Energy| Baytex Energy Corp. closed its multibillion-dollar acquisition of Ranger Oil Corp., expanding the Canadian E&P’s footprint...
Story By Brett Holmes|Argus Media| Texas last month had 206,000 workers employed in oil and gas extraction and supporting activities, up by...
By: Reuters – U.S. crude oil inventories at the Cushing, Oklahoma, storage hub have risen to their highest in two years, as...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
In the last 24 hours, tensions in the Middle East have entered a new...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
Have your oil & gas questions answered by industry experts.