Oil & Gas: The One Sector Missing Out of M&A’s Big Revival
By and Low energy On this Tuesday a year ago, as US voters were handing Donald Trump the keys to the White House for a second time, M&A bankers were…
Oil Producers Need to Step Up Drilling to Sustain Output, EIA Says
HOUSTON, Nov 5 (Reuters) – Oil and gas producers will need to step up drilling to sustain or increase output due to rapid declines in production from existing wells, the…
US Crude Production Hits Record High for Second Week in a Row, EIA Says
(Reuters) – U.S. field production of crude oil rose to a record high for a second week in a row last week, the U.S. Energy Information Administration (EIA) said in…
US Crude Stocks Rose Last Week, Gasoline and Distillate Inventories Fell, EIA Says
(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 5.2 million barrels to 421.2…
Oil Steady Amid Weak Economic Data, Equity Markets
Summary Weaker data in the US, China fuel demand concerns Russia suspends fuel exports at Black Sea refinery US dollar index holds at three-month high (Reuters) – Oil prices were…
COMMENTARY: Bill Gates Helps Break the Moral Monopoly Against Fossil Fuels – Alex Epstein
Bill Gates’s humanist challenge to the anti-fossil-fuel climate establishment was only possible because the “moral monopoly” against fossil fuels has been breaking. Now it will break even faster. Early last…
Constitution Gas Pipeline Could Save US Northeast $11.6 Billion, S&P Global Says
(Reuters) – The proposed 135-mile (217-km) Constitution natural gas pipeline could provide price relief and other economic benefits to the U.S. Northeast, generating up to $11.6 billion in energy savings…
How BP Won its $1 Billion-Plus Case Against Venture Global
(Reuters) – Oil major BP won its $1 billion-plus arbitration case against liquefied natural gas producer Venture Global with an argument of unfair behaviour by the U.S. company, said five…
Oil Slips on Oversupply Concerns, Stronger Dollar
(Reuters) – Oil prices fell over 1% on Tuesday as OPEC+’s decision to pause output hikes in the first quarter next year along with weak manufacturing data and a stronger…
Kimmeridge Calls for Overhaul at Coterra, Says 2021 Merger a Failure
Activist investor Kimmeridge on Tuesday called on Coterra Energy to overhaul its leadership and strategy, saying the 2021 merger of Cabot Oil & Gas and Cimarex Energy has failed to…
