Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
Texas LNG Developer Starts Search for Project Funders
Glenfarne Group has started its search for companies to finance its Texas LNG project, Bloomberg has reported, citing the company. Mizuho Financial Group and Canada’s Imperial Bank of Commerce are advising it.
Even with layoffs, Texas oil and gas poured billions into public budgets last year
The Texas oil and gas industry paid a near-record $27 billion in state and local taxes last year, the Texas Oil and Gas Association said Wednesday in its annual tax impact report.
Curious Minds Corner
Why did ancient civilizations use crude oil and bitumen even
thousands of years ago?
Because small natural seepages (“seeps”) of oil and bitumen were accessible at surface — ancient peoples used them for waterproofing, medicine, and even warfare (e.g. incendiary bitumen).