By: Yahoo – State regulators have imposed a $40.3 million fine on a Texas oil company for what they called egregious violations...
HOUSTON (Reuters) – Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents...
Story By Lee Ying Shan |CNBC| To meet energy demand, oil and gas will continue to be leading sources of energy for...
By: Reuters – TRP Energy is exploring a possible sale of its oil and gas operations in the Permian basin that could...
Story By Andreas Exarheas |RigZone| Wood Mackenzie has announced that TotalEnergies was named the upstream industry’s most admired explorer, and received the...
Story By Rachel Ramirez|CNN| A brutal heat wave is expanding across Texas and the South this week, impacting millions of Americans with triple-digit temperatures...
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...
By: Reuters – A U.S. judge on Monday signaled he was prepared to go ahead with selling Venezuela-owned oil refiner Citgo Petroleum’s...
The energy sector is moving higher this morning, supported by strength in the crude complex and in the major equity futures. Wall Street futures inched higher as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.
WTI and Brent crude oil futures are trading higher for the second-consecutive session due to comments made by the US Fed Chair on more interest rate hikes and on Israel's ongoing attacks on Gaza, fueling supply fears. However, weakening China's Price Index, which fell 2.7 percent yearly and 0.2 percent monthly in October, and the rise in US crude oil stockpiles by an estimated 11.9 million barrels limited price upswings. Meanwhile, OPEC+ is set to meet on Nov. 26 to establish production policy, and the focus will be on whether Saudi Arabia extends a 1 million barrel-per-day voluntary cut set to expire at the end of this year.
Natural gas futures slid for the fifth-straight day on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
Have your oil & gas questions answered by industry experts.