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Companies in the News

Permian Operator Diamondback Energy to End Routine Flaring by 2025


US Oil, Gas Rig Count Rises for 14th Consecutive Month


Pioneer Natural Resources Adds Founder of ESG-focused Investment Firm to Board


Little-known Producers to Drive Projected US Oil Output Recovery


Tellurian Adds Energy Industry Veteran James Bennett to Board


Exterran Grows Water Solutions Business with New Contract


Marketed: Centennial Resource Development Operated Delaware Basin Asset


BP Gambles Big on Fast Transition from Oil to Renewables


Executive Q&A: Marathon Oil’s Bakken Sweet Spot


On the Market Oil and Gas Quicklist (Week of Sept. 22, 2021)


Commodities Futures

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Markets Stories

Britain Tells Consumers ‘Don’t Panic Buy’ as BP Shuts Gas Stations

In a further sign of worsening supply chain dislocation, BP temporarily closed some of its 1,200 U.K. petrol stations due to a lack of both…

OPEC Chief Says Renewable Energy Shift Increasing Gas Prices

Gas prices in Europe have surged as much as 280% so far this year.

Oil Giant Shell Sets Sights on Sustainable Aviation Fuel Takeoff

Shell aims to produce 2 million tonnes of sustainable aviation fuel by 2025.

Biden Administration Probing Why Gasoline Prices Are Not Falling

“There’s lots of evidence that gas prices should be going down but they haven’t,” U.S. President Joe Biden said on Sept. 16, adding his team was “…

US Shale Production to Rise on Projected Permian Basin Boost

The projected increase in oil and gas production follows recent reports by the EIA of a sharp decline in the DUC count in all major U.S. shale…

Gulf Coast Oil Companies Return to Recovery as Nicholas Recedes

About 720,000 bbl/d of crude oil production and 1.075 Bcf/d of gas were offline, while 39 production platforms continued to be evacuated after…

Power Outages from Nicholas Disrupt Energy Production, Vessel Activity

Nicholas made landfall as Category 1 hurricane on Sept. 13, the second storm in two weeks to hit major oil and refining hubs at the U.S. Gulf…

Vaccines Set to Unleash Pent-up Oil Demand, IEA Says

The IEA forecast a robust rebound in the market from the fourth quarter of the year citing "strong pent-up demand and continued progress in…

US Energy Firms Face Another Storm amid Slow Recoveries from Ida

Nicholas is the second cyclone to threaten the U.S. Gulf Coast energy complex after Hurricane Ida wreaked havoc on still-recovering oil production…

California Asks Biden Admin to Allow Natural Gas Power Plants to Run at Maximum

The move is the latest example of California's struggle to move away from fossil fuels like natural gas that contribute to climate change.