U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by two to 536 in the …
US Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says Read More »
U.S. crude oil production hit a record high in June to 13.58 MMbbl/d.
Here is a look at some of this week’s renewable energy news, including the cancelation of nearly $680 million in funding for offshore wind projects.
Market dynamics are strengthening the hand of Appalachian producers, says a panel of experts at Hart Energy’s DUG Appalachia conference.
Here is a roundup of oil and gas and mineral and royalty leaseholds currently on the market as of Aug. 25, including in the Niobrara and Eagle Ford shales and Delaware and Appalachian basins.
Hunting Plc has commenced a share buyback program on its ordinary shares of up to $40 million.
The Bakken’s Phoenix Energy One’s initial public offering would raise $75 million for the E&P.
Tensions between the United States and Venezuela are rising amid a large U.S. naval buildup in the Southern Caribbean and nearby waters, which U.S. officials say aims to address threats from Latin American drug cartels. U.S. President Donald Trump has made cracking down on drug cartels a central goal of his administration, part of a …
Venezuela Tensions Rise as US Warships Arrive in Southern Caribbean Read More »
Summary China receives first LNG cargo from sanctioned Russian project Putin to meet Xi at Shanghai Cooperation Organisation summit Potential signal for other buyers if no US reaction, analyst says SINGAPORE, Aug 29 (Reuters) – China received this week its first liquefied natural gas cargo from a sanctioned Russian project, ship-tracking data from Kpler and …
China Receives First Arctic LNG 2 Cargo Ahead of Putin’s Visit, Data Shows Read More »
Summary Gazprom may ship extra 6 bcm per year to China via existing link Power of Siberia 2 pipeline talks stalled, sources say Putin-Xi meeting to focus on energy cooperation Russia seeks to send gas to China after losing EU markets (Reuters) – China is seeking to buy more Russian gas through an existing pipeline …
China Seeks More Russian Gas via Old Link as New Pipeline Stalled Read More »
