U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row, bringing the count to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future …
U.S. natural gas futures climbed about 2% on Friday ahead of the long U.S. Memorial Day holiday weekend on a drop in output so far this month and forecasts for hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air conditioners humming. Gas futures for June delivery on …
US Natgas Prices Climb 2% on Lower Output, Hot Summer Forecasts Read More »
Here is a look at some of this week’s renewable energy news, including the world’s first flow battery power system for gas operations.
Energy Transfer Co-CEO Mackie McCrea tells the story behind one of the first deals to supply natural gas to a data center.
Here is a compilation of dividends declared from select upstream, midstream and service and supply companies for the week of May 19.
Oil gains on short-covering, nuclear talks Summary Higher tariffs could hit oil demand growth, analysts say Brent and WTI down more than 2% this week Market braces for another OPEC+ output increase in July (Reuters) – Oil prices gained on Friday as U.S. buyers covered positions ahead of the three-day Memorial Day weekend amid worries …
Ending the Week – Oil Gains on Short-Covering, Nuclear Talks Read More »
Calgary, Alberta-based Vermilion Energy Inc. is selling Saskatchewan and Manitoba assets in Canada for CA$415 million (~US$302 million).
This week has been the first time since September 2024 that drillers have reduced the number of rigs four weeks in a row.
TotalEnergies CEO Patrick Pouyanne declined to specify by how much Total could increase its stake in Ksi Lisims LNG,.
The European Commission sought clarity from the U.S. after U.S. President Donald Trump recommended on May 23 putting a 50% tariff on EU goods from June 1.
