Dominion Energy Inc. agreed to sell its West Virginia natural gas utility for $690 million, its third big sale of gas assets within two years, as the U.S. energy giant focuses on its larger state-regulated utilities […]
In my article earlier this week we covered more of the world’s geopolitical impact on the high oil and gas prices. If Russia invades, the pricing model supports $120 to $135 in the short run and […]
Source: U.S. Energy Information Administration, Hourly Electric Grid Monitor As strong winter storms and cold temperatures blanketed the northeastern United States this January and increased the demand for electricity to heat homes and businesses, utilities used oil-fired generation to […]
(Bloomberg) –JPMorgan Chase & Co. is selling Bighorn Permian Resources LLC, an oil and gas producer it took over in 2020 after the company failed to attract bidders during its bankruptcy, to Earthstone Energy Inc. […]
The inherent dangers of capturing and transporting carbon dioxide for industrial operations exploded into the public domain two years ago when a CO2 pipeline suddenly ruptured in the tiny Mississippi town of Satartia. The pipeline […]
TotalEnergies CEO Pouyanné: I’ve no good news to deliver, oil prices will remain high. Continuously growing global oil demand amid muted new investment in production will keep oil prices elevated. Pouyanné’s view that oil prices […]
(Bloomberg) — U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling. Oil output will average 12.6 million barrels a day in 2023, […]
American Gas Association (AGA) Chair, and Chairman, President and Chief Executive Officer at Southern Company Gas, Kim Greene, joined AGA President and CEO Karen Harbert to release a bold vision for the future along with a […]
The American Petroleum Institute (API) estimated the inventory draw this week for crude oil to be 2.025 million barrels after analysts predicted a build of 675,000 barrels. U.S. crude inventories shed some 78 million barrels since […]
The inspectors and engineers of the U.S. Bureau of Safety and Environmental Enforcement (BSEE) have conducted an offshore regulatory pre-production inspection of Murphy Oil’s King’s Quay floating production system (FPS) platform. The inspection of the […]
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