Refracs? From OilPrice.com. A global oil shortage and high fuel prices have triggered calls from President Joe Biden’s administration for U.S. shale...
I have argued in a succession of OilPrice articles, here, here, and here, that the era of rapid growth in shale production output was coming...
By: Reuters – British Prime Minister Rishi Sunak is poised to announce a major natural gas deal with the United States after...
By: Reuters – The global liquefied natural gas (LNG) market is undergoing a triple flattening, with prices, volumes, and seasonality leveling off...
HOUSTON (Reuters) – Exxon Mobil Corp will take up to a $2 billion loss on the highly leveraged sale of a troubled...
By: Bloomberg – A high-resolution satellite image taken less than 48 hours ago appears to show methane releases from China’s largest oilfield....
After six months of rising oil and gas tax revenues, Eddy County, New Mexico Finance Director Roberta Smith predicted a dip in...
By: Reuters – The German navy is helping Norway to protect critical maritime infrastructure such as oil rigs, undersea cables, and pipelines,...
By: Reuters – Chesapeake Energy on Wednesday said inflation in the fastest-growing U.S. shale gas region could surpass 15% next year, a...
Story By Emily Patsy. Marathon Oil Corp. agreed to acquire Ensign Natural Resources on Nov. 2, nearly doubling the Houston-based company’s position...
The numbers: The Commerce Department said Monday that orders at U.S. factories for long-lasting goods, such as new cars or machinery, jumped 9.9% in July.
Economists had forecast a 4% rise in orders for durable goods — products made to last at least three years.
Orders have risen in five of the last six months. However, they dropped 6.9% in June due to weak aircraft orders.
Excluding the volatile transportation sector, orders were up 0.2% in July after a 0.1% gain in the prior month.
Another measure in the report seen as a bellwether for business investment — core capital-goods orders, which exclude volatile sectors like transportation and defense — slipped 0.1% last month after a 0.5% rise in June.
A small group of California Republicans has introduced several bills ahead of a special...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition...
Helium is the second most abundant element in the universe after hydrogen. It is a...
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