The Latest

Business

E&P Business Strategies: Hedging in Tough Times

In oil and gas, the decision to not hedge has always been at producers’ own peril. Fewer E&Ps have hedges in place than in prior years, according to a survey, which suggests a difficult path through the recent price collapse.

May 27, 2020

Liquefied Natural Gas (LNG)

LNG Exports Drop 41%

Cargoes have been canceled as the pandemic cuts into demand worldwide.

May 27, 2020

Crude Oil

Russian Minister, Oil Majors Reported to Discuss Output Cut Extension

The meeting is seen as support for stabilizing oil markets.

May 27, 2020

Crude Oil

Demand Rise, Output Cuts Could Mean Oil Market Balance in June

Analysts, banks cite a return to traffic congestion around the world.

May 26, 2020

Crude Oil

Oil Minister: India Looks to Store Cheap Oil in US

India’s plan is similar to Australia’s.

May 26, 2020

Business

PATH FORWARD: Opportune’s David Baggett on Survival Tactics for Oil Downturn

David Baggett, founder and managing partner of Opportune, says oil and gas companies are focused on short-term survival and lowering costs, which can already be seen by massive capex cuts among producers and the historic plunge in rig counts.

May 26, 2020

Crude Oil

OPINION: US Oil Stocks Stabilize as Industry Adapts to Shock

Excess crude inventories are easing, with refined fuel stocks taking longer as consumption lags.

May 22, 2020

Field Development

US Energy Regulators Authorize Proposed $43.4 Billion Alaska LNG Project

BP and Exxon Mobil produce massive amounts of oil in Alaska and have discovered huge gas resources that are stranded in the North Slope, which the proposed LNG project would allow that gas to access markets around the world.

May 22, 2020

Exploration & Production

US Energy Department Continues Efforts to Help Oil Companies

Companies of all sizes have been coping with lower oil prices caused by a supply-demand imbalance fueled by the global COVID-19 pandemic.

May 21, 2020

Business

Oil and Gas Investor At Closing: Looking for the ‘V-shape’

We have to bet on pent-up demand. The recovery appears to be ‘V-shaped’ in most markets. We hope to see that in the energy world as well.

May 21, 2020