The Latest

Darbonne: ‘The Dance’ of US Policy Leaving Energy Mid Slip

The 1909 Matisse painting known as “The Dance” demonstrates the outcome of one of the U.S.’ pillars falling down.

Australian Shale Wildcatter Tamboran Spuds First 2-Well Beetaloo Pad

Tamboran investor Helmerich & Payne is drilling the 2-mile laterals, while fellow investor Liberty Energy has a frac fleet en route to complete the wells, Tamboran Resources reported.

Mexico Pacific Signs Long-term SPA with Korea’s POSCO International

Mexico Pacific and Korea’s POSCO International Corp. signed a 20-year sales and purchase agreement for the Asian company to acquire 0.7 mtpa of LNG from the proposed the Saguaro Energía LNG facility on Mexico’s Pacific Coast.

Texas is Sued Over Anti-ESG Law

A nonprofit organization is suing Texas over a 2021 law it says violates members’ free speech rights by banning Texas from investing in or contracting with businesses that, in the state's view, "boycott" the oil and gas industry.

Belcher: How a Trump Win Could Alter Energy Transition Incentives

Some producers are starting to wonder if some of the tax incentives, grants and loans offered under the Inflation Reduction Act and Infrastructure Investment and Jobs Act, would be rolled back under a Trump administration.

Libya's Oil Output Falls More Than Half Due to Political Standoff

More than half of Libya's oil production, or about 700,000 bbl/d, was offline on Aug. 29 and exports were halted at several ports as a standoff between rival political factions over the central bank and oil revenue threatens to end a four-year period of relative peace.

Equinor May Reconsider Investing in UK Oil Sector if Taxes Rise

Equinor's head of international operations said it may not be as attractive to invest in the British oil and gas sector if taxation of oil companies changes. 

Hirs: The State of Texas vs. Texans—A Matter of Life, Death and Money

Texas is a case study on the dangers of weak regulation.

CFTC Fines TotalEnergies Trading $48MM for Attempted Market Manipulation

The Commodity Futures Trading Commission found that the company in March 2018 flooded the market for physical EBOB benchmark gasoline at cut-rate prices while maintaining a large short-position betting that EBOB futures would fall in value.

Objection: Energy Execs Indict DC Appellate Court’s LNG Rulings

An ongoing battle with the D.C. Court of Appeals may affect all future FERC-related projects.