The head of Kiev’s military intelligence claims Moscow is “already feeling” the attacks Ukraine is already using Western-supplied weapons for long-range strikes on Russian territory, the head of Kiev’s Main Intelligence Directorate (GUR) confirmed on […]
Daily Standup Top Stories ADNOC Moves Ahead With Huge LNG Export Project in UAE June 12, 2024 Mariel Alumit Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the […]
Higher for longer becomes formalized one meeting at a time, as projections for “longer-run” federal funds rate keep getting raised. By Wolf Richter for WOLF STREET. FOMC members voted unanimously today to maintain the Fed’s policy rates unchanged, […]
Dirty coal is dead, and the future is renewable energy. Or so the heavily bankrolled green industrial complex would have us believe. Reality is starkly different, however, as the Global South’s embrace of fossil fuels […]
Billionaire Warren Buffett bought almost 2.57 million common stocks from Occidental Petroleum Corp. last week for about $153.3 million. The purchase, made in three tranches, has increased Berkshire Hathaway Inc’s common shares in the United […]
Crude oil prices moved lower today, after the U.S. Energy Information Administration reported an estimated inventory increase of 3.7 million barrels for the week to June 7. The change compared with a weekly build of 1.2 million barrels for […]
HOUSTON, June 12 (Reuters) – Oil settled higher on Wednesday as ongoing tensions in the Middle East lent support to prices, but news that interest rate cuts could start as late as December capped gains, […]
Citi analysts have painted a bleak picture for the oil market, forecasting a significant price drop by 2025. According to their latest note, they anticipate a decline to $60 per barrel for Brent crude, marking […]
US LNG shipped to Asia has a lower value-chain emissions footprint than coal-fired power generation, even over long distances. Uncertainties regarding methane emissions and variations in emissions intensity between different sources and types of LNG […]
DALLAS–(BUSINESS WIRE)–Jun. 12, 2024– Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC (“Ameredev”), including certain […]
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