By: Desert Sun – Central California residents once again found themselves blindsided and alarmed last month when a state task force found more than...
By: Reuters – The U.S. government will provide up to $700 million in funding to monitor and reduce methane emissions from the...
Story from the Wall Street Journal | Collin Eaton with the WSJ is reporting that Chevron’s board of directors is waiving the company’s...
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...
The U.S. Energy Information Administration reported weekly supply declines of 5.7 million barrels for U.S. gasoline and 1.6 million barrels for distillates. Analysts surveyed by Platts, part of S&P Global Commodity Insights, had forecast a supply decline of 1.6 million barrels for gasoline and an increase of 180,000 barrels for distillates. Demand for gasoline, meanwhile, climbed, with total finished motor gasoline supplied, a proxy for demand, at 9.182 million barrels per day in the latest week, versus 8.877 million bpd from a week earlier.
Commercial crude inventories climbed by 1.4 million barrels for the week that ended March 7, the EIA said. The data were expected to show a rise of 2 million barrels on average, according to the Platts survey. Late Tuesday, the American Petroleum Institute reported a crude inventory rise of 4.25 million barrels, according to a source citing the data.
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline demand and a nearly 6-million-barrel drop in supplies of the motor fuel.
The rise in gasoline demand helped offset global economic growth worries as investors navigated intensifying trade tensions.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
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...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
West Texas holds a treasure trove of natural gas that could become a critical...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
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