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...
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By: Reuters – U.S. crude oil inventories at the Cushing, Oklahoma, storage hub have risen to their highest in two years, as...
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The energy sector is off to a Holiday shortened week lower, pressured by weakness in the underlying commodities and the major market futures. Concerns of an economic recession as central banks across the world take aggressive actions to tame inflation has sent Wall St. lower in early trading.
WTI and Brent crude oil are down in early trading, as investors continue to remain concerned about the possibility of a recession, despite supply constraints heightened by an expected production cut in Norway due to a possible escalation of an ongoing strike. Oil and gas from Norway, Europe’s second-largest energy supplier after Russia, is in high demand as the country is traditionally a reliable and predictable supplier. The leader of the Lederne trade union said in an interview, that the union would escalate the strike to pressure employers to address demands for wage increases to compensate for rising inflation. The planned escalation could cut 56% of the Nordic country’s gas exports from Saturday, increasing the concern of tight supply.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
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Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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