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 […]
Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […]
Since the beginning of the Israel-Hamas War, Iran has used the distraction to significantly expand their nuclear capabilities, which when breakout occurs will fundamentally alter geopolitical risks. Recent events have accelerated Iran’s pursuit of nuclear […]
Stocks of leading electric vehicle manufacturers are selling off after Turkey imposed 40% tariffs on EV imports from the Middle Kingdom. Ample government support in the form of incentives and subsidies has given Chinese EV […]
3 Podcasters walk into a Bar – Oil and Gas by the Numbers David Blackmon, Rey Trevino, and Stu Turley discuss the oil and gas leveling out. Is it here to stay? Or will you […]
The US Department of Energy (DOE) has announced the first proposed projects selected under the Department’s Cleanup to Clean Energy initiative, an effort to repurpose parts of DOE-owned lands that were previously used in the […]
Oil prices steadied as traders await Wednesday’s interest-rate decision from the Federal Reserve to gauge the economy’s strength and the trajectory of oil demand. West Texas Intermediate swung between gains and losses before ending the […]
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