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...
A story this week from Hart Energy highlighted the recent activity of South Texas operator Magnolia Oil & Gas, which closed a...
(Reuters) -Shale producers Pioneer Natural Resources Co and Devon Energy Corp on Tuesday tightened budgets and warned of lower drilling and completions...
The energy sector is off to a broadly higher start, despite mixed performances in the major equity indices, supported by strength in the underlying commodities. U.S. stock index futures pared declines as investors cheered a softer-than-expected inflation print that bolstered expectations of early interest-rate cuts. Data showed the PPI increased 1% every year in December compared with a 1.3% rise expected by economists. On a monthly basis, it ticked lower 0.1%, compared to an estimated 0.1% rise.
WTI and Brent crude oil futures are trading higher for the second-consecutive session as oil tankers diverted course from the Red Sea following overnight air and sea strikes by the United States and Britain on Houthi targets in Yemen after attacks on shipping by the Iran-backed group. Meanwhile, A Houthis spokesperson said the group would continue to target shipping heading towards Israel. Attacks by the Houthis in the Red Sea have disrupted international commerce on a route between Europe and Asia which accounts for about 15% of the world's shipping traffic.
Natural gas futures are extending gains for the second-straight day as the NOAA's 6-10 day outlook shows below-normal temps over much of the central and eastern US, especially across the Great Plains to the OH Valley.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
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