US Aims to ‘Get Out of The Way’ of Oil and Gas, Says Energy Secretary

 U.S. Energy Secretary Chris Wright said on Monday his top priority was for the government to “get out of the way” of the production of oil, gas and coal, adding…

Oil Prices Extend Gains After Ukraine Drone Strike Hits Kazakh Supply

Summary Kazakhstan transit volumes could drop by 30%, says Transneft Investors watch for progress in Ukraine-Russia peace talks OPEC+ output plans also in focus (Reuters) – Oil extended gains on…

Diamondback Energy to Expand Permian Presence with $4.08 Billion Deal

(Reuters) – Oil and gas company Diamondback Energy said on Tuesday it would buy certain units of EnCap-backed energy producer Double Eagle in a cash-and-stock deal for about $4.08 billion. The…

US Energy Secretary Attacks ‘Sinister’ Net Zero Goals, Singling Out Britain

US Flag U.S. Energy Secretary Chris Wright on Monday called a pledge to achieve net zero carbon emissions by 2050 a “sinister goal”, and criticized the British government’s attempts to…

RBC, JPM Start Coverage on Venture Global With Bullish Rating on Rising LNG Demand

** JPM starts coverage with “overweight” rating and $25 PT; RBC starts coverage with “outperform” and $20 PT ** Shares of VG up at 1.88% at $16.26 premarket ** Both…

Venture Global LNG to Start Commercial Operations in April at Calcasieu Pass Louisiana Plant, Company Says

Long-term customers including Shell and BP have been notified of the start of commercial operations, the company said. Venture Global’s failure to move to commercial operations years after it started selling the…

LNG Tanker Braves the Red Sea

A liquefied natural gas carrier has braved the Red Sea for only the second time since last June after the Yemeni Houthis launched an offensive against most vessels perusing the…

Petronas Launches an Oil and Gas Tender

Petronas Launches an Oil and Gas Tender | OilPrice.com `; document.write(write_html); } Breaking News: ByIrina Slav– Feb 18, 2025, 3:45 AM CST Malaysia’s state energy company Petronas has launched an…

Russia Claims Drone Attack at Caspian Oil Pipeline Hurts U.S. Firms

Russia Claims Drone Attack at Caspian Oil Pipeline Hurts U.S. Firms | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 18, 2025, 5:19 AM CST The Ukrainian drone attack…

Is an Oil Market Share War on the Cards for 2025?

The odds of an oil market share battle taking place in the near future are high. That’s what Ed Morse, a Senior Adviser at Hartree Partners, and previously the Global…