BILLINGS, Mont. (AP) — A Louisiana company will receive $2.6 million to relinquish the last remaining oil and gas lease on U.S. forest...
Warren Buffett was born in Omaha in 1930. He developed an interest in the business world and investing at an early age,...
Saudi Arabia is considering an offering of additional Saudi Aramco shares of stock that could shatter records, the Wall Street Journal reported. A...
Story By Emily Foxhall | After months of unrelenting heat during a particularly sweltering summer, the Texas power grid’s ability to meet...
By Felicity Bradstock for Oilprice.com|Despite big promises, recent reports suggest that international oil majors are doing little to contribute to the green...
By: Reuters – European Union countries have increased their imports of liquefied natural gas (LNG) from Russia compared with before the Ukraine...
By Matthew Smith for Oilprice.com|via Yahoo.com| Surging petroleum theft is weighing on Colombia’s beaten-down oil industry, which is beset by geopolitical headwinds on...
By: The Canadian Press News – Crescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a...
Lauren Boyd, head of the Energy Department’s Geothermal Technologies Office, estimates that geothermal could supply 12% of America’s electricity by 2050 if...
Reporting from AMIR VAHDAT and JON GAMBRELL. TEHRAN, Iran (AP) — Iran has summoned a Swiss diplomat over the apparent U.S. seizure...
Over the course of a few short days, Hurricane Beryl rapidly intensified from a tropical storm to a Category 5 hurricane, setting records for the earliest point in a season that a storm has grown so big.
This quick escalation directly resulted from the above-average sea surface temperatures and a harbinger of what is to come this hurricane season.
“This early-season storm activity is breaking records that were set in 1933 and 2005, two of the busiest Atlantic hurricane seasons on record,” said Philip Klotzbach, an expert in seasonal hurricane forecasts at Colorado State University.
Energy Information Administration data show that US oil production increased by 72,000 barrels per day month over month, to a four-month high of 13.25 million bpd in April, while crude oil and petroleum products demand climbed to 20 million bpd, the highest this year. In contrast, the EIA reported that gross natural gas production in the contiguous US declined for a second consecutive month to 114 Bcf/d in April.
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov....
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed...
Story By Andreas Exarheas|Rigzone.com| The natural gas market is impacted by a combination of...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
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