On July 7, the US Department of Energy (DOE) revealed its intention to repurchase approximately 6 million barrels of sour crude oil....
Topic: Fossil Fuels in Norway. A Story By Kari Lundgren, Stephen Treloar |Bloomberg| Via RigZone| At a Circle K service station outside...
Negotiating Mineral Leases – An Introduction: Congratulations on inheriting your oil and gas mineral rights! As an oil and gas blogger, I’m...
By: The Midland Reporter-Telegram – Ring Energy Inc. announced a $25 million net reduction of borrowings during the second quarter on its...
A severe fire erupted early Friday morning at an offshore platform operated by Pemex, the Mexican state oil company, located just off...
Shell, the leading global trader of liquefied natural gas (LNG), announced on Friday that its Q2 gas trading results are projected to...
Story By Chris Matthews |Hart Energy| Fears of underinvesting in oil and gas are way off the mark, according to a new...
By: AP – The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at...
Story By Filip De Mott |Business Insider| The oil market is vulnerable to a shock as high-interest rates cause global inventories to...
By: Reuters – U.S. oil and gas production continued to trend higher through April – a delayed response to very high prices...
The energy sector is off to a lower start, pressured by weakness in the crude complex and the major equity futures which are modestly lower as investors wait for more second-quarter results and retail sales data due later this week.
WTI and Brent crude oil are starting the week sharply lower, down ~1%, on concerns about China’s economic recovery, a stronger US dollar and traders taking profits following seven-consecutive weeks of gains. Forecasts for higher demand and tighter supply fueled last week’s gains, despite weaker-than-expected economic data from China. Analysts believe OPEC+ will continue to do whatever it takes to tighten supply and stabilize the markets. Elsewhere, Oil exports from Sudan rose even amid fighting between a paramilitary group and the army, as crude production from South Sudan holds steady.
Natural gas futures steadied as forecasts for more demand than previously expected, outweigh rising output
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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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