BY Pietro Pitts|HART ENERGY|FORT WORTH, Texas – Double Eagle IV has expanded its Permian Basin leasehold to about 40,000 acres and is...
Story By Zoltan Ban. |Seeking Alpha| Investment thesis: Chesapeake (NASDAQ:CHK) seems like a very obvious bet as the US competes for dominance of...
By: CNBC – Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to “watch out,” reiterating his warning that...
Story By David Uberti |The Wall Street Journal| The U.S. government’s attempt to refill the skyscraper-sized caverns that hold the country’s emergency...
Story by Andreas Exarheas|Rigzone| Two-thirds of North America is at risk of energy shortfalls this summer during periods of extreme demand, the...
On Monday, Chevron Corp (CVX.N), one of the largest oil companies in the U.S., announced it would be expanding its American oil...
The Norwegian government is calling on energy giants to ramp up oil and gas exploration projects in remote regions like the Arctic...
By: CNBC – Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an...
By: Reuters – Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while...
Story By Chris Matthews |Hart Energy| Kimbell Royalty Partners anticipates hitting record oil and gas production this year after completing an acquisition...
Unconfirmed reports are surfacing that Russian President Vladimir Putin is preparing to undergo cancer surgery and will temporarily transfer his authority to Nikolai Patrushev, head of the Russian federal police’s Security Council, while he is undergoing the medical procedure.
What Happened: A Russian-language Telegram channel called "General SVR" first reported the news in a posting that is no longer online. The New York Post reported the channel is allegedly run by someone calling himself “Viktor Mikhailovich,” although the channel’s operator is reportedly a former Russian Foreign Intelligence Service lieutenant general.
The energy sector is set for a lower start, pressured by weakness in the crude complex and the major market futures. U.S. stocks fell and the dollar held near record highs as concerns about economic growth lingered ahead of an expected U.S. rate hike this week and data showed COVID-19 lockdowns have slowed down China’s factory activity.
WTI and Brent crude oil are down in early trading as concerns over weak economic growth in China overshadowed fears of a potential European ban on Russian crude which could increase supply constraints. As a result of ongoing COVID-19 lockdowns, China released data on Saturday showing that factory activity in the world's second-largest economy contracted for a second month to its lowest since February 2020.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
In the last 24 hours, tensions in the Middle East have entered a new...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
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