Regional banks BOK Financial, Citizens…
Apache, Marathon Oil Corp. and…
Russia’s flagship crude grade is…
The non-OPEC producers that have signed up to the supply-cut deal forged by OPEC to boost oil prices and rebalance the market have been improving on their initially low compliance…
Will oil prices rise to $70 per barrel this year or fall to $30? Depends on who you ask. Oil price forecasts are always all over the map, but the…
American energy exports hit a new high in early 2017, contributing 7 million barrels of crude to markets abroad in the first week of February. Meanwhile,
The U.S. oil rig count has surged for the better part of three quarters, rising by 281 rigs since bottoming out in May 2016, an increase of nearly 90 percent.…
The U.S. East Coast traditionally relies on imports from east Canada and Europe to fill in its gasoline demand. However, these days the gasoline glut in the New York area…
Tesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production. Therefore, it is no surprise that…
Iraq thinks that OPEC should hold a new meeting to discuss the cartel’s oil production cuts, given the fact that the current oil prices are still below expected levels, according…
I talked yesterday about prime oil and gas assets coming for sale in Asia. And some new data this week shows it’s not just that part of the world…
Crude prices are selling off today while gasoline holds up relatively better, as refiners playing 'pass the parcel' betwixt the two. As refiners make economic run cuts due to lower…
Natural gas prices plunged to their lowest level since November on mild weather in the U.S., which has caused storage levels to decline at a much slower pace than…
Libya’s returning oil wealth could bring back cheap fuel, food and foreign goods in a subsidy-based system in the most optimistic scenario. But as oil prices and production rise, the…
U.S. oil producers contributed a record 7 million barrels of crude oil to international markets during the Week of February 5th, 2017, approximately one million barrels per day. This…
The race for using high-performance computing in oil and gas reservoir simulation, management and development is on. Oil and gas supermajors are continuously pushing for higher efficiency and lower costs,…
India continues to look for alternatives to oil imports as its auto sector, economy, and population continue to boom. India’s oil consumption growth reached a record-level 11 percent last…
Oil prices gained on Monday and Tuesday as both traders and analysts see crude markets tightening as a result of OPEC output cuts.
Two years ago, when Saudi Arabia launched an unprecedented campaign to crush high-cost oil producers, in the process effectively putting an end to the OPEC cartel (at least until last…
All OPEC producers that are part of the supply-cut deal are firmly determined to achieve a higher compliance rate than the 90-plus-percent compliance reported for January, OPEC’s Secretary General Mohammad…
Back from a great trip through Asia. Where one oil and gas contact told me how profits are surging — with Spanish major Repsol recently concluding that natural gas projects…
Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising U.S. oil production is…
In 1883, a railroad crew was drilling for water near Medicine Hat, Alberta, to supply their steam engines. Instead of water, they discovered shallow pools of natural gas. More than…