By: Camille Erickson – Casper Star-Tribune – An oil and gas lease sale held last week in Wyoming by the Bureau of...
By: Storme Jones – News On 6 – The Seminole Nation of Oklahoma sent energy companies within tribal boundaries a letter notifying...
By: Judith Kohler – The Denver Post – SandRidge Energy is selling its operations in Colorado’s North Park for $47 million to Gondola...
By: Arunima Jumar – Reuters – U.S. oil refiner Phillips 66 on Monday set its 2021 capital budget at $1.7 billion, around...
By: Jude Clemente – Forbes – For the U.S. oil & gas industry, the struggle through Covid-19 might just be the “most unique...
By: Kevin Crowley and Sergio Chapa – Bloomberg – Texas’s main oil regulator has been prohibited from waiving environmental rules and fees,...
By: Janelle Stecklein – Pauls Valley Daily Democrat – The year 2020 has been the worst in recent memory for the state’s...
By: Thomas Lee – Argus Media – Private equity (PE) investors are accelerating a shift away from the US shale oil sector...
By: Adrienne Murray, Denmark – BBC – Denmark will end all new oil and gas exploration in the North Sea, as part...
By: Greg Avery – Denver Business Journal – FourPoint Energy is getting out of oil and gas operations in Oklahoma after a...
Oil prices climbed Thursday, with U.S. and global benchmark crude settling at their highest levels in nearly two weeks, as traders monitored reports from Ukraine claiming Russia had launched an intercontinental ballistic missile.
The missile was described as Moscow's first use of a long-distance missile designed to deliver nuclear weapons since the conflict began in February 2022. Still, Western officials disputed that such weapons were used.
Price moves
-- West Texas Intermediate crude for January delivery rose $1.35, or 2%, to settle at $70.10 a barrel on the New York Mercantile Exchange. Based on the front month, WTI ended at its highest since Nov. 8, according to Dow Jones Market Data.
-- January Brent crude the global benchmark, rose $1.42, or 2%, to $74.23 a barrel on ICE Futures Europe, the highest since Nov. 7.
-- December gasoline added 0.7% at $2.06 a gallon, while December heating oil HOZ24 rose 2.2% to $2.27 a gallon.
-- Natural gas for December delivery climbed by 4.6% to $3.34 per million British thermal units, scoring the highest settlement in about a year.
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped...
Thomas Baker “Tom” Slick Sr., born on October 12, 1883, in Shippenville, Pennsylvania, emerged...
When it comes to leasing oil and gas mineral rights, mineral owners often find...
“The new administration will lift regulations, stop subsidizing green energy and seek LNG build-outs...
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...
When conflicts erupt, the fighting doesn’t always unfold on battlefields. Sometimes, it happens across...
The Biden-Harris administration is taking a notable step to safeguard northeast Nevada’s Ruby Mountains...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing...
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...
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