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...
WSJ – About Carbon Dioxide Storage: Story By Phred Dvorak – Wall Street Journal | Photographs by Mark Felix for The Wall...
[RigZone.com] Woodside Energy Group Ltd. has given the go signal to develop the Trion oil field in Mexico, projecting to spend $7.2...
[RigZone.com]The USA Department of Energy (DOE) has awarded $77 million in the second rollout of an electricity supply modernization grant, raising total...
The Labour Party, Britain’s primary opposition, committed on Monday to transform the nation into a renewable energy powerhouse by 2030. The party...
By: Bloomberg – Oil held steady as investors tracked China’s plans to support its economy, while a prior rally in wider markets...
By: The Record – Shell confirmed on Thursday it had been impacted by the Clop ransomware gang’s breach of the MOVEit file...
By: Bryan Cave Leighton Paisner LLP – Lexology – While the unexpected and unpredictable commodity price swings over the last year have...
WTI and Brent crude oil futures are up in early trading on concerns over tight supply and the prospect of rising demand from the upcoming U.S. driving season which is expected to start this Memorial Day weekend. Traders digested API news that showed inventories of refined oil product was down by 4.2 million barrels last week. Analysts are anticipating U.S. crude oil and gasoline inventories to have fallen as well. Oil futures are also being supported as buyers avoid oil from Russia and as the European Union comes closer to agreeing on sanctions that would phase out Russian energy imports. On the demand side, U.S. Memorial Day weekend is expected to be the busiest in two years as Americans are eager to shake off coronavirus restrictions, despite high fuel prices.
Natural gas futures edged up this morning as gas volumes flowing LNG to export plants jumped to the most in seven weeks which offset forecasts for milder weather in key consuming regions. In international news, LNG buyers in Asia and Europe are seeking to lock in supplies via long-term contracts as a buffer against volatile global prices in hopes that it will reverse the last decade's trend of increasing spot purchases.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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