Brent crude futures fell 0.1% and WTI crude futures gained 0.1%.
PJM Interconnection, the largest U.S. grid operator, is being accused of unfairly awarding high payments to power plants and pushing up electricity costs for homes and businesses.
Much of the Inflation Reduction Act is likely to remain in place, forecasting firm Wood Makenzie says.
Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.
If the U.S. Senate confirms President-elect Donald Trump’s choice of Liberty Energy CEO Chris Wright for the role of energy secretary, the company has a succession plan in place.
The FERC recently gave Venture Global’s Plaquemines LNG facility permission to use natural gas.
For the upcoming week, the price of Brent crude could test its support at $70 and if the price breaks below this level, the price of Brent could fall to $66.
Harold Hamm, Continental Resources founder and major Trump donor, says the U.S. faces real barriers to expanding production growth—even with Republicans controlling D.C.—as major shale basins mature.
Frac pressure-pumping leader Chris Wright was part of a mid-1990s team that suggested a slickwater—rather than gel—frac to George Mitchell, leading to the U.S. shale-gas breakthrough.
Judges have taken away one of the White House’s primary tools for implementing environmental regulations, creating uncertainty for sectors across the energy industry.