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...
Story By Tsvetana Paraskova |OilPrice.com| As tepid demand for gas from power generation and industry has sent European natural gas prices into a...
By: Energy Intelligence – White House and Congressional negotiators have announced the outlines of a bipartisan debt ceiling compromise meant to stave...
By: Reuters – Alberta’s election of conservative leader Danielle Smith puts her on a collision course with Canada’s Liberal Prime Minister Justin...
BNP Paribas, which describes itself as the European Union’s leading bank and a key player in international banking, stated that it will...
By Thomas Catenacci |FOX News|. The highly-anticipated debt ceiling package House Republicans and President Biden announced on Sunday includes a provision fast-tracking a...
WASHINGTON — With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached a final agreement Sunday on a...
TotalEnergies said that it will sell its stake of 50% in the producing Surmont oil sands asset in Canada to its partner...
The energy sector is off to a higher start, supported by strength in the underlying commodities and the major equity futures. U.S. equity futures are trading up as investors await another round of earnings from big U.S. banks and on easing bets of a more aggressive Federal Reserve.
WTI and Brent crude oil are trading higher on a weaker dollar and tight supply which overshadowed recession concerns and the potential of widespread COVID-19 restrictions in China. Last week, oil futures on both sides of the Atlantic recorded their biggest weekly declines for about a month on fears that a recession and the spread of the new highly transmissible subvariant of COVID-19 in China, would put a dent in oil demand. The U.S. dollar retreated from multi-year highs this morning, increasing investor interest in commodities such as gold and oil. Over the weekend, U.S. President Joe Biden told Arab leaders that the U.S. would remain an active partner in the Middle East, but he failed to secure commitments to boost oil supply. Markets are focused this week on the resumption of Russian gas flows to Europe via the Nord Stream 1 pipeline which investors worry may be delayed due to the ongoing war in Ukraine.
Natural gas futures rose this morning on warmer weather forecasts in key consuming regions that should spur more demand.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
Have your oil & gas questions answered by industry experts.