The international engineering company Wood Group has expanded its oil and gas business and dramatically shrunk its renewables operations after receiving a...
By: New York Times – For most of the last six years, the leaders of Russia and Saudi Arabia worked with each...
Story by Jerry Bohnen, OK Energy Today|. While Oklahoma’s oil and gas rig numbers are seemingly in a constant rate of decline...
In a significant development, the European Commission declared on Monday that it has chosen not to extend the emergency measures put into...
Story By Chris Mathews |Hart Energy| Oil and gas mineral and royalty players are adjusting the value markers of potential M&A transactions...
MarketWatch| Saudi Arabia will voluntarily cut oil production by an additional 1 million barrels a day in July, alongside an agreement on...
In March, a robust surge in U.S. oil and gas production emerged, revealing the delayed effects of the considerable price highs experienced...
By Patrick McGee |Hart Energy|FORT WORTH, Texas – U.S. shale is no longer the world’s swing producer, so it will be up...
By: Reuters – The Biden administration said on Friday it would stop issuing new oil and gas drilling leases within 10 miles...
Lucid Group said on Wednesday that it is raising about $3 billion through a new equity offering, with the majority coming from the...
Energy stocks are set to close out the final session of the third quarter in the green, tracking higher broader index futures and oil prices. Rates are backing off, with the 10-year back below 4.6%, trading around 4.53%. Sector news flow is light as quiet periods are set to commence ahead of earnings season next month.
Oil prices rose on Friday and were headed for a gain of about 3% for the week, driven by tight U.S. supply and expectations of strong fuel demand in China. A backdrop of tight supplies in the U.S. provided further price support, with storage at Cushing, Oklahoma, the delivery point for U.S. crude futures, already at its lowest since July 2022. "Any additional decline would threaten to bring them down to a critical level, which could make further withdrawals difficult," said Commerzbank analyst Carsten Fritsch.
Natural gas futures are lower by 3%, consolidating gains after touching 7-week highs yesterday.
Senator Dianne Feinstein, the trailblazing Democratic power broker who served in the Senate for 30 years, died on Thursday night, according to a family member.
In recent years, Ms. Feinstein, 90, had suffered from frail health and memory issues that made it difficult for her to function alone and prompted calls for her to step down, which she consistently rejected.
Her condition had grown more acute over the past several months, after a bout with shingles that caused serious complications, including a case of encephalitis, and prompted her to begin using a wheelchair in the halls of the Capitol.
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...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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