Looking forward, Stratas Advisors forecasts that Brent oil will average $76.90 in 1Q25.
Steelhead LNG said it has filed legal proceedings against Cedar LNG, Pembina Pipeline Corp. and ARC Resources related to improperly exploited information, Steelhead said.
Natural gas prices have stayed above $3.50 as the end of the year approaches.
A cold start to December has resulted in one of the biggest storage drops in years.
For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
The American Petroleum Institute lays out its political plans as the next presidential administration prepares to take office.
Pioneer Energy’s Emission Control Treater technology reduces emissions and can boost a well’s crude yield by 5% to10%, executives say.
Natural gas demand in the western U.S. market is rising, risking supply shortages later this decade. Experts say gas from the Uinta and Green River basins will make up some of the shortfall.
Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.
Venture Global is expected to pitch its IPO to investors by Jan. 17 to rival the largest energy IPOs on record.
Stratas Advisors expect that there is some room for oil prices to move higher this week, but the price of Brent crude oil will struggle to breakthrough $82.50.
Some vessels, including LNG tankers, have continued using alternative routes due to the canal's increase in passage fees in the last decade.
Widespread consolidation has reshaped the list of top public producers, says Enverus CEO Manuj Nikhanj.
Constellation Energy will acquire Calpine Corp. in a $26.6 billion deal, including debt, that will give the pure-play nuclear company the largest natural gas power generation fleet.