The international engineering company Wood Group has expanded its oil and gas business and dramatically shrunk its renewables operations after receiving a...
By: New York Times – For most of the last six years, the leaders of Russia and Saudi Arabia worked with each...
Story by Jerry Bohnen, OK Energy Today|. While Oklahoma’s oil and gas rig numbers are seemingly in a constant rate of decline...
In a significant development, the European Commission declared on Monday that it has chosen not to extend the emergency measures put into...
Story By Chris Mathews |Hart Energy| Oil and gas mineral and royalty players are adjusting the value markers of potential M&A transactions...
MarketWatch| Saudi Arabia will voluntarily cut oil production by an additional 1 million barrels a day in July, alongside an agreement on...
In March, a robust surge in U.S. oil and gas production emerged, revealing the delayed effects of the considerable price highs experienced...
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...
The energy sector is set for a lower start, tracking losses in crude contracts and the broader market futures. U.S equities are down in the pre-market amid downbeat earnings forecasts from Skyworks and PayPal and as investors await key inflation data tomorrow. Earnings continued across the energy sector, with several operators reporting 1Q results, capex, production, and updated guidance.
WTI and Brent crude oil futures are lower on weak Chinese trade data and as market participants remain cautious ahead of the release of April CPI data. China’s crude oil imports fell in April to their lowest level since January as high inventories, refinery maintenance and a weaker domestic economic rebound weighed on demand. Elsewhere, wildfires in Alberta Canada are lending support as the events have forced energy producers to shut in at least 280K bpd, or more than 3% of the nation’s output.
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...
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 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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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