A new report suggests the Biden administration’s freeze on new LNG projects and sanctions against Russia kept global liquefied natural gas exports seeing their slowest growth since 2015. It also means prices will be elevate until new supplies come online. The LNG market has been finely balanced since the 2022 invasion of Ukraine cut …
A water fight is underway in Wyoming and it’s a case of ranchers taking on Big Oil. In this case, the ranchers have appealed a decision giving extensive water rights of the North Platte River to the HF Sinclair refinery. Click here for Cowboy State Daily
The Tenth U.S. District Court of Appeals recently ruled Chevron Corp. subsidiary Noble Energy Inc. didn’t have to pay millions of dollars in additional royalties in a fight with Phelps Oil and Gas LLC of Colorado. Phelps had filed a class action lawsuit against Noble, alleging underpayment of royalties. Noble produces natural gas from …
Joe Biden might not be the man really in control of his administration, but one thing is clear, someone behind the scenes plans to fight Donald Trump’s ‘drill baby drill’ energy policies. Just a few weeks before Trump is to be sworn into office for his second term as President, Biden’s administration came out …
** Drivers are set for a boost at the pump in the new year as economists predict Donald Trump’s plans to ramp up US oil production will lower prices. Oil is forecast to fall to as low as $60 per barrel in 2025, which in turn could knock as much as 10p from the price of a …
Williams announced that it has placed into full service the Southside Reliability Enhancement, an important expansion and modernization of Transco in North Carolina and Virginia that provides additional natural gas capacity to meet growing demand for affordable, reliable and clean energy in the region. The Tulsa company’s project adds a total of 423,400 dekatherms …
Oklahoma started off 2025 with gasoline prices averaging $2.57 a gallon, a dime cheaper than one year ago. The American Automobile Association cited the average, saying it was the same price on the last day of 2024, a dime more than a month ago and ten cents cheaper than one year ago. However, …
Within a few weeks, the U.S. can expect the launching of an anti-Green New Deal—President-elect Donald Trump’s plan to disassemble the Biden administration’s program of attacking the fossil fuel industry. The impact it will have on Oklahoma’s energy industry could be noticeable. Biden’s freeze on LNG shipments to foreign allies affected the natural gas …
Crude oil prices finished the last day of 2024 with about 1% gains but for the year, both benchmarks were down about 3%. It was the second consecutive year for crude oil prices to close a year with losses. Brent finished the year down about 3% compared to 2022 while WTI was about …
A new report from researchers claims that methane gas emissions in the Permian Basin nose-dived 26% in 2023 from the previous year. The claim comes from analysts at S&P Global Commodity Insights who studied the methane gas emissions that have been the focus of federal agencies as well as environmental organizations critical of the …
