By: AP – U.S. climate envoy John Kerry on Tuesday urged the world to be “very skeptical” about claims from oil and...
Story By Jov Onsat |RigZone.com|Pakistan’s prime minister has said the country received its first-ever Russian oil cargo at a discounted price. “Glad...
London – CNN — Goldman Sachs has slashed its forecast for oil prices by nearly 10%, citing weak demand in China and a glut of supply...
By: Reuters – Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s plunge. But gains...
Story by German Lopez | New York Times | With its open plains and thousands of miles of wheat fields, Kansas is...
By: San Antonio Current – Texas is suing the Environmental Protection Agency over its plan to control smog that drifts into other...
Story by Mella McEwen |Midland Reporter-Telegram| Analysts watching the frac spread count – the number of pressure pumping equipment crews at work...
Story By Hannah Grover | NM Political Report | A recent uptick in natural gas prices has made it more profitable to...
Scott DiSavino [REUTERS] U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week...
By: Reuters – Britain’s windfall tax on oil and gas producers will not be applied if prices drop below certain levels for...
The energy sector is having a mixed start, pressured by weakness in the underlying commodities, but supported by mild support in the major market futures which steadied following yesterday’s fed-driven selloff.
WTI and Brent crude oil are trading lower on concerns over more aggressive interest rate hikes following Chair Powell's testimony yesterday. Investors are also looking to the weekly EIA report to gain further clarity on inventories after the API data showed a decline in crude inventories for the first time after 10 weeks of builds. Also dampening sentiment, Barclays lowered its 2023 Brent forecast by $6 to $92 a barrel and WTI by $7 to $87, "due primarily to more resilient-than-expected Russian supplies," the bank said.
Natural gas futures are down as flows to the Freeport LNG export plant were on track to drop for the first time after the plant exited an eight-month outage last month. Gas flows to their plant were on track to reach just 0.1 bcfd on Wednesday, down from 1.0 bcfd on Tuesday.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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 Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
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...
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