Oil rigs up 10; gas drop 3 Permian rigs back at one-year high Operators maintain capital discipline despite rising cash flows The US oil and gas rig count climbed seven Continue Reading
U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public Continue Reading
The governor of Texas in an unusual move on Thursday asked the state’s Supreme Court to accept an Exxon Mobil Corp (XOM.N) petition seeking to reverse a state court decision Continue Reading
February’s freeze and blackouts cut the state’s natural gas production by more than a third from normal levels during the weeklong storm event. Energy Transfer LP emerged as one of Continue Reading
The U.S. oil supermajors are leading by example what shale drilling discipline should look like. Neither ExxonMobil nor Chevron are rushing to boost production in the biggest American shale play, Continue Reading
The US shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this year and natural Continue Reading
Energy Transfer swung to a massive first-quarter profit from a year-ago loss as the midstream operator was able to keep strategically located pipelines and storage assets working during the Texas Continue Reading
After months of supply shortages and embarrassing blunders, Europe’s coronavirus vaccine campaign is at last sprinting ahead, renewing hopes that the continent might meet its initial inoculation goals and tame Continue Reading
One of the hardest climate puzzles to solve is how to cut greenhouse gases from airplanes. International travel is essential, but zero-emission flights are decades away. In Europe, where transport Continue Reading
Crude oil futures were rangebound during mid-morning Asian trade May 6 following the release of the US Energy Information Administration’s latest data, which was mixed. At 11:30 am Singapore time Continue Reading
