Flywheel Energy has quietly taken control of Terra Energy Partners’ Piceance gas asset, one of the largest in the basin, in a confidential deal. The deal expands Flywheel’s private natural gas empire beyond Arkansas’ Fayetteville Shale.
(Reuters) – Goldman Sachs on Monday raised its Brent oil price forecast for the second half of 2025 by $5 to $66 per barrel due to supply disruption risks, lower stocks in Organisation for Economic Co-operation and Development countries and rising concerns about Russia’s production constraints. The bank also increased its forecast for U.S. West …
Goldman Sachs Raises Brent Second-Half 2025 Price Forecast by $5 to $66 a Barrel Read More »
Analytical firm Wood Mackenzie estimates ethane trade traffic between the U.S. and China for the month will reach normal levels following a trade shutdown in June.
The Hammerfest terminal is expected to remain closed until the end of July.
For energy land professionals, land information is an incredibly valuable asset. Yet, ironically, this critical data often becomes a bottleneck, hidden in overflowing file rooms or scattered across multiple applications. The time spent trying to locate the information you need can significantly hinder your operations and decision-making processes. The Challenge: Time Lost in the Search …
Unearthing Efficiency: The Hidden Cost of Information Search Read More »
The services company will provide tubular running and cementing services for the project being developed by Woodside Energy and Pemex.
For the upcoming week, if President Trump moves forward with announcing the intention to impose enhanced Russian sanctions, Stratas Advisors expect that the price of Brent crude oil could test $71.50.
By Ron Bousso Oil demand growth slows sharply in second quarter Saudi oil exports set to surge to 7.5 mln bpd in July amid higher production Saudi power generation crude burn limits exports during summer LONDON, July 14 – Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald …
Soaring Saudi Exports and Trade Tensions Will Test Oil Price Resilience: Bousso Read More »
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It looks increasingly clear that for President Trump, tariffs are mainly a convenient means of dominating the news cycle and staying in the headlines. Not for him are months of tortuous, complex trade talks aimed at a win-win outcome. …
July 14 (Reuters) – U.S. shale producer Occidental Petroleum (OXY.N) said on Monday its Gulf of Mexico production in the second quarter was curtailed due to third-party constraints, extended maintenance, and schedule-related delays. The company said sales volumes from what it calls the “Gulf of America” — referring to the Gulf of Mexico — are …
Occidental Petroleum Says Gulf of Mexico Output Hit by Curtailments in Q2 Read More »
