By John Kemp (Reuters) – Portfolio investors are increasingly bullish about oil as Saudi Arabia and its OPEC⁺ allies restrict production in the face of rising demand and the shadow war between Israel and Iran spills into the open. Hedge funds and other money managers purchased the equivalent of 37 million barrels in the six most …
Oil Funds Turn Bullish as Mideast Conflict Intensifies Read More »
U.S. natural gas futures climbed about 3% on Monday on forecasts for more demand this week than previously expected and a continued drop in output as producers reduce drilling activities after gas prices fell to 3-1/2-year lows in February and March. Gas prices increased despite forecasts for milder weather and lower demand next week than …
U.S. Natgas Prices Climb 3% on Forecasts for More Demand, Less Output Read More »
Mexico’s state energy company, Pemex, is planning to cut at least 330,000 barrels per day (bpd) of crude exports in May, leaving customers in the United States, Europe and Asia with a third less supply, two sources said. The plan follows the withdrawal of 436,000 bpd of Maya, Isthmus and Olmeca crudes this month, ordered …
Mexico to Cut at Least 330,000 Bpd of Crude Exports in May, Sources Say Read More »
A line integrity test confirms that all points are leak-free.
Methane emissions detection saves on cost and “can pay for itself,” Scepter CEO Phillip Father says in this Hart Energy exclusive interview.
Here’s a roundup of the latest E&P headlines, including new contract awards and a product launch.
Energy Transfer’s filing continues the dispute over Williams’ development of the Louisiana Energy Gateway.
PGS said a Ramform Titan-class vessel is scheduled to commence mobilization in June.
What does the next level look like for the midstream sector?
Chord Energy and Enerplus Corp.’s $4 billion deal is moving forward as deals by Chesapeake, Exxon Mobil and Chevron experience delays from the Federal Trade Commission’s requests for more information.
