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...
‘I’ve always told people there is nobody who can really pick the market on a short-term or an intermediate-term basis. Maybe I...
Story By Jerry Bohnen |OK Energy Today| Oklahoma City’s Continental Resources Inc. revealed more recent success in its oil and gas exploration...
‘Increasing the debt limit the way Congress and presidents have repeatedly done, and most likely will do this time around, will mean...
[Bloomberg] Russia’s fuel-oil suppliers are on track for record exports to China this month as smaller refineries in the Asian nation increase...
Story by Patrick McGee | Hart Energy | Dallas-based Pearl Energy Investments has closed a $705 million fund to target oil and...
Next week, two pristine drilling rigs, valued at $40 million and $30 million respectively when constructed in 2019, are set to go...
WTI and Brent crude oil futures are up in early trading on concerns over tight supply and the prospect of rising demand from the upcoming U.S. driving season which is expected to start this Memorial Day weekend. Traders digested API news that showed inventories of refined oil product was down by 4.2 million barrels last week. Analysts are anticipating U.S. crude oil and gasoline inventories to have fallen as well. Oil futures are also being supported as buyers avoid oil from Russia and as the European Union comes closer to agreeing on sanctions that would phase out Russian energy imports. On the demand side, U.S. Memorial Day weekend is expected to be the busiest in two years as Americans are eager to shake off coronavirus restrictions, despite high fuel prices.
Natural gas futures edged up this morning as gas volumes flowing LNG to export plants jumped to the most in seven weeks which offset forecasts for milder weather in key consuming regions. In international news, LNG buyers in Asia and Europe are seeking to lock in supplies via long-term contracts as a buffer against volatile global prices in hopes that it will reverse the last decade's trend of increasing spot purchases.
A key hearing is set for this Friday in Big Spring, Texas, in a...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
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...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
The oil and gas sector is undergoing a major digital overhaul, and data is...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
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