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...
The energy sector is poised for a higher start, backed by strength in the crude complex but gains will be capped by a drop in broader equity sentiment. Futures dipped lower this morning after Walmart cut its profit forecast amid rising food inflation, sending retail stocks tumbling in the premarket. The news comes ahead of a busy week of earnings, economic data, as well as the outcome of the Federal Reserve meeting with the markets expecting a three-quarter percentage point hike. On the economic front, investors are expecting the latest reading of the Case-Shiller Home Price Index, the consumer confidence report and new home sales data later this morning.
WTI and Brent crude oil futures continued to gain ground for a second day, boosted by increasing concerns about tightening European supply after Russia cut gas supply through a major pipeline. The gains come despite the strength of the dollar. Gazprom said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity and the cut in supplies is expected to leave countries unable to meet their goals to refill natural gas storage ahead of the winter demand period.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
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