US Sends First Shipment of Crude to Saudi Arabia Since 2002
Cargo was less than can be carried by one Aframax tanker.
LNG Prices Jump as Exports set to Rise for First Time in 6 Months
Gas stockpiles in the US and Europe are expected to reach all-time highs by the end of the injection season.
Dominion Stresses Role of Natural Gas in Clean Power Push
Natural gas will fuel power generation for years to come, says Dominion Energy even as it sells its gas business to Warren Buffet’s Berkshire Hathaway in a transaction worth nearly $10 billion.
PATH FORWARD: Grant Thornton’s Bryan Benoit Talks Oil Industry Recovery
After a rough second quarter that included a historic collapse in oil prices, Bryan Benoit, a principal at Grant Thornton Financial Advisors who also leads the firm’s energy advisory practice, says he’s starting to see green shoots ahead for the industry.
The Latest
Crude Oil
Saudi Arabia Cuts September Crude Prices to Asia
Saudi Arabia's state oil producer Aramco has cut the official selling prices for its crude to Asia and Europe, while leaving them unchanged for the U.S., a document obtained by Reuters showed.
Crude Oil
US Sends First Shipment of Crude to Saudi Arabia Since 2002
Cargo was less than can be carried by one Aframax tanker.
Liquefied Natural Gas (LNG)
LNG Prices Jump as Exports set to Rise for First Time in 6 Months
Gas stockpiles in the US and Europe are expected to reach all-time highs by the end of the injection season.
Petrochemicals
US Refining Capacity Poised for First Big Drop in Nearly a Decade
U.S. oil refining capacity this year could decline by the largest amount in nearly a decade as pandemic-related travel curbs and a fire shut several plants, reversing years of small gains.
Business
Experts Expect Tough Second Half Ahead for Oil Sector
Oil and gas companies face continued market volatility despite an already historic year so far.
Business
Haynesville 2020
Kicked out of the club in 2012, the Haynesville was resurrected beginning in 2017 to take on the mighty Marcellus in metrics, aided by a proximity-to-market kicker. Now, it’s taking on oil basins at the IRR weigh-in.
Public Capital
Dominion Stresses Role of Natural Gas in Clean Power Push
Natural gas will fuel power generation for years to come, says Dominion Energy even as it sells its gas business to Warren Buffet’s Berkshire Hathaway in a transaction worth nearly $10 billion.
Crude Oil
Oil Prices on Track for Monthly Gain as Dollar Supports
Oil prices rose on July 31 and were on track for monthly gains, boosted by a weaker dollar in the face of continuing concerns over the recovery of the U.S. economy.
Business
PATH FORWARD: Grant Thornton’s Bryan Benoit Talks Oil Industry Recovery
After a rough second quarter that included a historic collapse in oil prices, Bryan Benoit, a principal at Grant Thornton Financial Advisors who also leads the firm’s energy advisory practice, says he’s starting to see green shoots ahead for the industry.
Crude Oil
End Game for Oil? OPEC Prepares for an Age of Dwindling Demand
‘People are waking up to a new reality’ as the cartel may be forced to adjust.