ExxonMobil signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750 million with additional payments contingent on future natural gas prices. – […]
The number of total active drilling rigs in the United States rose by 14 this week, on top of the 9 rig increase in the week prior, according to new data from Baker Hughes published […]
BlackRock Inc. told Texas it’s committed to helping clients invest in the energy industry, rebutting suggestions by state officials that the firm boycotts fossil-fuel companies through its advocacy for sustainable investing. The world’s largest asset […]
Six power generation facilities in Texas tripped offline last Friday, resulting in the loss of approximately 2,900 megawatts of electricity, Brad Jones, the Electric Reliability Council of Texas (ERCOT) Interim CEO, revealed in a recent […]
The Biden administration said Tuesday it would slightly loosen the crippling economic sanctions against Venezuela’s government to help restart stagnant talks between President Nicolás Maduro and opposition leaders aimed at easing the country’s political and […]
The Biden Administration just tripled down on a losing bet to lower gasoline prices for Americans by announcing a record release from the Strategic Petroleum Reserve, as if it were a brag-worthy achievement. At the […]
At its monthly meeting Thursday, Federal Energy Regulatory Commission members dissected the North American Electric Reliability Corp.’s warning that roughly two-thirds of the United States faces heightened risks of power outages this summer. The Midcontinent […]
(Bloomberg) — As Texas officials hunt for financial firms hostile to the energy industry, Wall Street is rolling out its fossil fuel bona fides to convince officials not to bar them from doing business with […]
A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply-chain woes strain the electric grid. Power […]
While you may have heard me talk about the new pricing matrix and key factors influencing the prices, there is a complicated problem with diesel fuel at the pump. If you listen to the mainstream […]
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