Andrew Baker

Proponents of the Keystone XL crude oil pipeline on Thursday lost their second attempt to revive a crucial water-crossing permit for the project, in a case with implications for pipeline projects across the country.

Tulsa-based natural gas pipeline giant Williams said Thursday it is entering the solar energy business.

Pipeline natural gas exports from the United States to Mexico are coming in lower year/year, but the slow reopening of the Mexican economy may increase transported volumes heading south of the border.

Tulsa-based Unit Corp. has filed for Chapter 11 bankruptcy protection in Houston, joining a growing list of distressed Lower 48 operators battling low oil demand and prices.

Natural gas prices in Mexico averaged $2.13/MMBtu in April, the lowest price recorded since the Comisión Reguladora de Energía (CRE) began publishing the IPGN monthly price index in July 2017.

Stakeholders in North Dakota’s oil patch offered diverse opinions on Wednesday to the state’s oil and gas regulator on how to address the challenges facing operators and mineral owners in the Bakken Shale, where exploration and production (E&P) has been decimated by the collapse in demand and prices caused by Covid-19.

U.S. oil and natural gas drilling activity has hit its lowest point since Baker Hughes Co. began publishing rig count data in 1987, the Energy Information Administration (EIA) said Wednesday.

West Texas Intermediate (WTI) crude oil futures have strengthened this week as production cuts take effect and economies begin to partially reopen, a positive sign for Mexican national oil company Petróleos Mexicanos (Pemex), whose export basket price is linked to the U.S. benchmark.

West Texas Intermediate (WTI) crude oil futures have strengthened this week as production cuts take effect and economies begin to partially reopen.