Judge Rules Against Sale of Gulf of Mexico Oil Drilling
(Bloomberg) — A federal district judge on Thursday ruled against a Biden administration sale of oil and gas…
Shell invests in Gato do Mato project in Brazil’s pre-salt
Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID)…
Green Investors Are Finding Bargains in Trump’s Big Oil Era
(Bloomberg) — Private infrastructure investors are snatching up green bargains in what’s emerged as a buyer’s market for…
Energean terminates $945m Carlyle deal for Egypt, Italy and
Energean plc on Friday said it has terminated the proposed sale of its portfolio in Egypt, Italy and…
American Oil Is Underhedged and Heavily Exposed
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers…
Why OPEC+ is Supporting a Potentially Disastrous Rise in Oil Production
Oil prices have fallen fast since the 3 March announcement from OPEC+ that it will go ahead with…
Harold Hamm: ‘Drill, Baby, Drill’ Needs $80 Oil
U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI…
Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut
Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast,…
Saudi Arabia Raised by S&P as Economic Diversification Pays
(Bloomberg) — Saudi Arabia’s credit rating was upgraded by S&P Global Ratings for the first time in two…
Harold Hamm Sounds the Alarm: Low Oil Prices Could Shut Down US Shale
Shale titan Harold Hamm isn’t mincing words—if oil prices stay this low, drilling in some of America’s prized…
Ex-Pioneer CEO: Shale Can’t Thrive at $50 Oil
The founder of Pioneer Natural Resources has a warning for the U.S. oil producers—the next two years will…
US Crafting Plan to Stem Coal-Plant Closures, Energy Chie…
(Bloomberg) — The Trump administration is working on a “market-based” plan to stem the closure of US coal-fired…