Rystad, JP Morgan Look at Oil Price Moves
Rystad Energy and J.P. Morgan check out recent market moves....
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The Fake Oilman
Charles Bethea writes about Alan Todd May, who passed himself off as an oil magnate, insinuated himself into West Palm Beach high society, and conned...
EIR Analyst Looks at $2.6B XCL Deal
'A key driver of the deal, like most other transactions seen over the last few years, is adding inventory', the analyst said....
Shale Executives See Takeovers Squeezing US Oil Production
U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More...
Regional Oil Output Little Changed in Q2, Says Dallas Fed
Oil and gas activity in Texas, Louisiana and New Mexico rose modestly in the second quarter of 2024, the Federal Reserve Bank of Dallas said...
U.S. Sanctions UAE Shipping Companies Transporting Iranian Petroleum
In response to Iran’s continued nuclear escalations, the United States has imposed sanctions on three United Arab Emirates shipping companies involved in the Iranian petroleum...
University of Houston Strengthens Commitment to Clean Energy with Key Partnerships
HOUSTON, June 25, 2024 - The University of Houston, the energy university with multiple energy-focused research centers, last week signed two memorandums of understanding with...
ONEOK Acquires Gulf Coast NGL Pipeline System in a $280 Million Deal
ONEOK, Inc. has finalized its acquisition of a natural gas liquids (NGL) pipeline system from Easton Energy for about $280 million, Zacks Equity Research announced...
Texas Electricity Demand Could Nearly Double in 6 Years
Two factors led to the higher forecast: A new law allows officials to count companies’ requests for grid connections before they are finalized....
Venezuela Resorts to Dark Fleet to Supply Oil to Ally Cuba
Venezuela's state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba, as a fleet of state-owned...