Summary Brent, WTI on track to rise more than 4% this week Traders focused on geopolitical tensions U.S. economy added 303,000 jobs last month U.S. drillers cut of oil and gas rigs (Reuters) – The Brent and U.S. West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on Friday as …
The Week Wrap-Up: Oil Prices Climb 4% This Week on Supply Risk Read More »
CERAWeek experts say AI will disrupt oil and gas jobs while new opportunities will emerge as the industry braces for an AI-driven workflow transformation.
Copenhagen Infrastructure Partners acquired a majority stake in Elgin Energy with plans to invest $316 million in the company.
Allen Fore, vice president of public affairs for Kinder Morgan, said building anything, from a new road to an ice cream shop, can be tough but dealing with stakeholders up front can move projects along.
Bobby Tudor, the founder and CEO of Artemis Energy Partners, says while public companies are generating cash, private equity firms in the upstream business are facing more difficulties raising new funds, in this Hart Energy Exclusive interview.
The outlook for Venezuela’s oil industry appears uncertain, Rystad Energy said April 4 in a research report, as a license issued by the U.S. Office of Assets Control (OFAC) is set to expire on April 18.
(Reuters) – Electric grids across the U.S. are anticipating a rapid decline in solar generation during Monday’s total solar eclipse, which will span multiple states. NASA estimates the path of totality – when the sun is fully blocked by the moon – will last from 1:30 pm CDT (1830 GMT) to 2:35 pm CDT in …
How Monday’s Total Solar Eclipse Affects U.S. Grid Operators Read More »
The value of natural gas at the Waha Hub in West Texas turned negative for Friday, marking the third time daily prices in the top U.S. shale basin have closed below zero over the past month. Both power and gas prices have traded at negative levels in spot markets in Texas, California and Arizona in …
Texas Natgas Prices Back in Negative Territory on Low Demand, Pipe Maintenance Read More »
Beacon Offshore Energy said that with its non-op assets divested, it would turn all of its focus to its Shenandoah and Winterfell assets in the Gulf of Mexico.
Enterprise Products Partners said the distribution represents a 5.1% increase over first quarter 2023.
