Efforts by brave states like Texas and West Virginia in fighting back against companies like BlackRock who demand divestment from any activity involving the extraction of fossil fuels is having an effect. The divestors are beginning to squeal […]
Biden: High gasoline prices are part of an incredible transition away from oil and gas. The average gasoline price in the U.S. reached $4.596 per gallon at the start of this week. Soaring diesel prices […]
PLANO, Texas & SASKATOON, Saskatchewan, May 18 /BusinessWire/ — Denbury Carbon Solutions, LLC, a wholly owned subsidiary of Denbury Inc. (NYSE:DEN) (“Denbury”), and PCS Nitrogen Fertilizer L.P., a wholly owned subsidiary of Nutrien Ltd. (TSX […]
The latest NOPEC legislation is unlikely to become law, according to Joseph Gatdula, the head of oil and gas at Fitch Solutions. “With the industry firmly against the changes, it is unlikely to garner enough […]
(The Center Square) – As the Biden administration doubles down on its policies restricting domestic oil and gas production and promoting green energy, Texas is ramping up production and hiring people to work in the […]
U.S. natural gas futures (NGM22) rose more than 4% on Monday morning to $8.456 per MMBtu, as U.S. LNG exports reached a seven-week high to service LNG-thirsty Europe, according to Reuters. Natural gas prices in Europe are […]
Citing the latest Current Employment Statistics report from the U.S. Bureau of Labor Statistics, the Texas Independent Producers and Royalty Owners Association (TIPRO) has released new employment figures showing another consecutive month of positive job […]
LONDON, May 19 (Reuters) – Global distillate fuel oil shortages signal the business cycle is peaking and a period of slower growth or even a recession is imminent to bring consumption back in line with […]
TOKYO May 23 (Reuters) – The White House is weighing an emergency declaration to release diesel from a rarely used stockpile in a bid to address a major supply crunch and blunt rising prices, an […]
Elon Musk-owned SpaceX has scrapped plans to build a small-scale liquefied natural gas plant at the rocket company’s Boca Chica launch site in Texas, federal documents show. SpaceX no longer proposes to build a desalination plant, power […]
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