US oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More than 50 percent of oil executives told the Dallas Fed they foresee […]
Last week, we published an editorial arguing that government data didn’t support various claims about climate change. And we predicted Google would demonetize it. We were right. (See: Heat Wave Sets Off New Round Of ‘Climate […]
Climate activist groups and far-left green groups helped craft the DOE’s aggressive regulations targeting popular household appliances. Each time the Department of Energy (DOE) finalized regulations targeting popular home appliances—including stoves, clothes washers, refrigerators, and […]
As wind generation capacity has grown in the Midwest of the United States, grid operators have increasingly restricted wind generation because of both oversupply and congestion on the grid. Grid operators in the areas overseen […]
In 2023, energy production in the United States rose 4% to nearly 103 quadrillion British thermal units (quads), a record. Energy consumption in the United States fell 1% to 94 quads during the same period. Production […]
Casper, Wyo. – The Petroleum Association of Wyoming (PAW) proudly announces that the oil and natural gas industry has made a monumental contribution of $2.42 billion in taxes to the state of Wyoming in 2023. […]
Switzerland-based offshore drilling contractor Transocean has tucked a multi-million contract extension in the U.S. Gulf of Mexico under its belt for an ultra-deepwater drillship employed by Hess Corporation, a U.S.-based oil and gas player. Set to […]
U.S. oil drilling activity hit a 29-month low last week. In the course of the past nine months, StanChart says that there has been no indication whatsoever of sustained growth in U.S. crude oil production. […]
Goldman Sachs Group Inc. has appointed John B. Hess as an independent director of its board with effect from June 24. Hess will serve on the board’s compensation, governance, and risk committees, Goldman Sachs said […]
US private equity firm Kimmeridge is taking a 90 percent stake in Commonwealth LNG, the developer of the 9.5 mtpa plant in Cameron, Louisiana founded by Paul Varello, who is retiring. In August last year, […]
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