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China's biggest offshore oil and gas producer is preparing to exit operations in the US, UK, and Canada due to concerns around sanctions, a report says

A senior industry source told Reuters that CNOOC wanted to sell "marginal and hard to manage" asset…

Grace Dean   


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US shale oil giant Chesapeake Energy files for bankruptcy as the coronavirus crisis claims another energy victim

Founded in 1989 in energy-state Oklahoma, the company has long battled a debt-laden history but cam…

Shalini Nagarajan   


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Oil prices soar above $80 for the first time in 3 years as the natural gas shortage stokes demand

Investors were betting that the global natural gas crunch would send users towards oil for their en…

Harry Robertson   


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Tiny hedge funds gained as much as 500% last quarter as their bets against US shale paid off

Saltstone Capital, Kalkriese Capital Partners, and Exo Trading posted big gains as oil prices tanke…

Theron Mohamed   


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Reliance subsidiary to sell all of its upstream assets in Marcellus shale play for $250 million

These assets, which are currently operated by various affiliates of EQT Corporation, have been a…

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1 min read

Exxon is trying out a program that will use leftover natural gas to power bitcoin mining

The largest US oil producer began a pilot program in January 2021 that uses excess natural gas to p…

Phil Rosen   


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US oil and natural gas prices rise as freezing temperatures leave millions without power in Texas

Rare winter storms have sent oil and natural gas prices spiking, as sub-zero temperatures hit produ…

Harry Robertson   


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Saudi Arabia declares war on the US shale gas industry

Saudi Arabia and other OPEC nations are trying to cripple the US's shale gas industry by flooding t…

Oscar Williams-Grut   


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Yes, America's Shale Boom Will Come To An End - Just Not Anytime Soon

The EIA is out with a series documenting well production rates out of the boom's various epicenters…

Rob Wile   


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4 mins read

5 Surprising Ways The American Shale Boom Is Changing The World

"...the notion that the US is less exposed to disruptions in international crude trade now because …

Rob Wile   


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Energy CEO: Europe's Energy 'Emergency' Can Only Be Resolved With Fracking Or Russia

Total CEO Christophe de Margerie, who was also part of the panel, echoed Scaroni's comments, saying…

Rob Wile   


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5 mins read

Big Oil promises to put up a fight if Biden tries to restrict fossil-fuel development

Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…

Benji Jones   


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1 min read

The 14 Best Stocks For Playing The Great American Shale Boom

On shale gas, "the US in particular enjoys a combination of factors - the scale of the resource, th…

Rob Wile   


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4 mins read

American auto giants rewrite their strategies for a future that wants a new kind of car

Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…

Benji Jones   


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1 min read

12 Reasons The US Shale Boom Is Totally Overrated

He's not alone — we recently told you about the note from Capital Economics' Paul Dales, who says, …

Rob Wile   


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1 min read

The Shale Boom Has Added Almost Nothing To US Economic Growth

Overall, the boom in domestic energy production is responsible for only a small part of the rise in…

Rob Wile   


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5 mins read

Peak Oil Is Dead

...an array of structural shifts in the Energy industry is conspiring to insulate the global econom…

Rob Wile   


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1 min read

Why America's Shale Boom Will Last For Years

Using data from the Energy Information Administration and Canadian energy consultancy ITG, we have …

Rob Wile   


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2 mins read

The 20 best-performing S&P 500 stocks in the first quarter were dominated by energy names as oil and gas shares soar on supply disruptions

Occidental Petroleum was the S&P 500's top percentage gainer in Q1 as its price nearly doubled. The…

Carla Mozée   


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3 mins read

Oil hits five-month lows after new lockdowns in Europe and US COVID-19 cases trigger 'fire-sales,' but the market is still far off from Black April

"Right now the oil market is in the middle of a second round of forward fire-sales for oil," said B…

Shalini Nagarajan