Page 6 - Dan Pickering News Today

Pickering Energy Partners is launching a financial advisory unit for oil and gas dealmaking, the investment firm said on Friday, doubling down on traditional fossil fuels as some banks are...

To attract capital back into the sector, the largest oil and gas companies are spending less on exploration and development and more on shareholder returns. How long can they keep the gravy train rolling in different commodity cycles?

Our energy roundtable experts see value in U.S. shale stocks and European majors as global energy demand outstrips supply.

Associated gas from oil wells in major basins, including the Permian Basin and the Eagle Ford, is on the rise.

RIYADH: Saudi Arabia will voluntarily reduce its oil production by 500,000 barrels per day from May until the end of 2023 in coordination with other members of the oil producers’ alliance, the...

The output reduction

OPEC+, the collective of oil producers led by Saudi Arabia, announced a cut of more than one million barrels per day from May until the end of the year. While the group said the move was aimed at maintaining stability in the market, many experts believe it is a sign of Riyadh’s independence from Washington

The US has argued that the world needs lower prices to support economic growth

Brent Crude had its sharpest price increase in almost a year on Monday after reports that major oil producers will slash their output.

The Saudi energy ministry said it will cut production by 500,000 barrels per day on Sunday, part of a 1.15 billion bpd reduction by key oil producers