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Colombia’s National Hydrocarbons Agency (ANH) will award contracts for hydraulic fracturing pilot projects to interested companies by October, according to media reports.

Although global oil demand is expected to fall by a record 8.1 million b/d in 2020 because of Covid-19, 2021 should be a much different story, the International Energy Agency (IEA) said Tuesday.

Cooler temperatures and soft demand in the natural gas cash market, along with ongoing liquefied natural gas (LNG) woes, weighed down futures again Tuesday, with prices hitting a new daily low in June for a third consecutive trading day.

Range Resources Corp. on Friday pleaded no contest to charges brought by the Pennsylvania Attorney General’s (AG) Office and a statewide grand jury as part of a two-year criminal investigation into unconventional oil and natural gas development.

Denver-based Extraction Oil & Gas Inc. announced Sunday it has filed for Chapter 11 bankruptcy protection in the District of Delaware, citing the impacts of Covid-19 and low commodity prices on its business.

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Appalachian natural gas heavyweight Antero Resources Corp. said Monday it has closed an overriding royalty interest (ORRI) transaction with Sixth Street Partners LLC that will result in proceeds of up to $402 million.

Moody’s Investors Service for the first time lowered its global oil and gas midstream rating to negative as the broader energy sector grapples with simultaneous demand and supply shocks.

Houston-based Black Stone Minerals LP has clinched an incentive agreement with ExxonMobil’s XTO Energy Inc. to turn some wells online within a section of the Haynesville Shale in East Texas.