From Hart Energy. Talos Energy kicked off 2023 with the announcement of commercial deepwater discoveries in the Gulf of Mexico that will...
By: Wyoming Business Report via Casper Star-Tribune – This year is shaping up to be the most normal in a while for...
By: The Dickinson Free Press – Billionaire businessman Harold Hamm has donated $50 million to the group behind the planned Theodore Roosevelt...
Story by Pamela Heaven, Financial Post. Contrary to popular belief, Canada’s oilsands may be the “last barrel standing” as the world shifts...
Prior to the pandemic-induced downturn in world oil production, U.S. oil production growth was responsible for 98 percent of the increase in world...
By: Midland Reporter-Telegram – China is expected to set the tone for oil markets in 2023. Peering into their crystal balls, analysts...
Story by Madison Ratcliff. The world felt its way along in an uncertain 2022 — a year marked by market volatility, an...
Story By By Philip van Doorn. | Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into...
By: Reuters – U.S. oil major Exxon Mobil Corp (XOM.N) is suing the European Union in a bid to force it to scrap...
Story by Jerry Bohnen| OK Energy Today. Oklahoma’s STACK play proved to be another source of success for Devon Energy as the...
HOUSTON, Dec 5 (Reuters) - Oil prices fell on Thursday as investors weighed an ample supply outlook for next year against OPEC+ delaying its planned output increase by three months to April 2025.
Brent crude settled down 22 cents, or 0.3%, at $72.09 a barrel, while U.S. West Texas Intermediate (WTI) settled down 24 cents, or 0.35%, at $68.30 a barrel.
OPEC+, the Organization of the Petroleum Exporting Countries plus allies including Russia, had been planning to start unwinding cuts from October 2024, but slowing global demand and booming production outside of the group forced it to postpone the plans on several occasions.
Bitcoin’s rise to $100,000 signals its now-undeniable status in the global economic system. The virtual currency has become a staple of financial markets, embraced by Wall Street giants and amateur investors alike. Its surge also caps an astonishing turnaround after its price dropped below $17,000 in 2022, as the collapse of the FTX crypto exchange sent the industry into a tailspin.
This year, Bitcoin has come roaring back. Federal regulators allowed Wall Street firms to offer a popular financial product tied to the coin, attracting billions of dollars in fresh investment. Then, Mr. Trump’s election victory increased its price, as crypto enthusiasts branded him the first “Bitcoin president.”
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped...
When it comes to leasing oil and gas mineral rights, mineral owners often find...
Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly...
Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers...
Texas set a series of new milestones in 2024 for its oil and natural...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
(Bloomberg) — Oil companies declined to bid in a US government auction for drilling...
The Biden administration on Friday unveiled its most extensive sanctions package yet against Russia’s...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
Have your oil & gas questions answered by industry experts.