Tesla's Full Self-Driving system has…
Trump's two primary campaign promises,…
The FTC is expected to…
After a brief hiatus on reports that OPEC+ is pondering another production hike starting in August, oil prices have resumed their march higher…
One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a…
Latin America’s largest oil producer Brazil is one of the worst affected countries globally by the COVID-19 pandemic. According to the World Health Organization, Brazil is the
The number of drilled but uncompleted wells (DUCs) in the U.S. shale patch has declined by 27 percent since the peak in June 2020, the Energy Information Administration (EIA)
U.S. natural gas prices jumped last week and early on Monday amid a tight natural gas market and expectations of high demand for electricity in hotter than usual weather in…
Despite a strong rebound in oil prices, seeing them hit three-year highs, U.S. shale oil producers are sticking to their output discipline, Reuters reports, citing rig count data and…
What we think is shaping up to potentially be the last great onshore oil discovery in the world has just announced encouraging results in the first section of…
Hydraulic fracturing, the technology that made the United States the world’s top oil and gas producer, has earned a really bad rap. Much of this ill reputation has…
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week, with the total rig count holding fast…
Oil prices are on course to close out another week of gains despite fears of Iranian production coming back online and OPEC+ preparing to increase its output.
Higher oil prices and capital expenditure discipline are setting the stage for the highest free cash flow on record for the world’s exploration and production companies this year.…
The U.K. continues to stand by its oil and gas commitments even following this month’s G7 climate change conference in Cornwall, international pressure to move away from fossil…
Panasonic has officially sold all of its shares in Tesla. The Japanese giant offloaded its entire $3.6 billion stake in the name last year, according to…
Electricity prices for Californians are spiking, but so is the danger of blackouts—both planned and unplanned. Exceptional drought forecasts for this summer prompted PG&E to warn earlier this month…
China’s CNOOC this week started production from the first deepwater gas field it operates fully, Reuters has reported, adding that the field is expected to yield some 4.39 billion…
Oil prices rallied to their highest levels in two and a half years after OPEC+ recently agreed to extend its historic production cuts.…
Water used in oil and gas well drilling may become classified as hazardous waste, complicating the lives of companies that use it if a new bill, sponsored by…
Oil execs and producers are historically pretty good at making money. Oil is a roller coaster of an economic sector, based on a boom-and-bust model. Bankruptcy and insolvency…
Unlike European supermajors, U.S. Chevron doesn’t have any plans to reduce its oil and gas business to invest in solar or wind power, chief financial officer Pierre Breber said at…
With oil trading above $70 per barrel while investment activity remains low, the world’s publicly traded exploration and production (E&P) companies are set to generate record-breaking free cash flows (FCF)…