PXE News and Press, Invesco Dynamic Energy Exploration &Production From 07/07/20

While holiday weekends are normally quiet, Dominion Energy (D) made a splash on Sunday by announcing the sale of natural gas infrastructure to Berkshire Hathaway (BRK.A) (BRK.B) in a deal valued near $10 billion and simultaneously cancelling the embattled Atlantic Coast Pipeline ((ACP)) ...

The United States is expected to play a significant role in the recovery of oil prices over the coming months, with their crude oil output falling while demand is rising. This could support the global oil industry and could potentially drive the surplus of 2020 Q2 into deficit. The impact cou...

When WTI crude oil prices turned negative for the first time in history, it caused chaos in the industry. The problem occurred in Cushing, Oklahoma (and it will only happen here), which is the delivery point for WTI crude. When there were more sellers than buyers, the storage facility became f...

With crude and natural gas production volumes slowing and a notable bankruptcy filing from producer Chesapeake Energy ( CHK ) this week, questions have arisen about the durability of midstream contracts. What protections are in place that can support operational resilience? How are companies h...

I expect West Texas Intermediate oil prices to range between $35 to $45 per barrel for July. If oil prices go below $35, I do not expect them to stay there for long. If, however, prices surpass $45, they might stay at that level. Although I gave a range of between $30 and $40 per barrel for ...

In case there was not enough material to make 2020 an eventful year, this year also marks the five-year review of the oil pipeline index by the Federal Energy Regulatory Commission (FERC), which has implications for US liquids pipeline rates. Midstream investors likely remember the turmoil of ...

Chinese refiners stopped importing US crude oil since early 2019 amid an increasingly bitter trade dispute between Washington and Beijing. There had been expectations of a resumption in the trade at the start of the year following the phase one trade deal between the world's two largest econ...

China's imports of US crude oil are expected to hit record-high levels in July with cargoes shipped in May having surpassed 550,000 b/d. Cargoes loaded on ships in April have been the first since November 2019. Chinese refiners have been rushing to secure bargains when available US crude oil b...

The dramatic growth of US oil and natural gas production over the last decade has transformed the US energy landscape by reducing our dependence on coal for electricity generation and exponentially increasing energy exports. Another transformation is underway as power providers and policymaker...

The drilling market has always been the first and most impacted when there is a crisis in the oil and gas segment, especially by the decrease in exploration. Drilling is a key indicator of the level of short- and medium-term activities expected for the entire sector. Globally, the current scen...