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Some private-equity firms are increasingly turning to royalties and mineral rights to deploy capital in a depressed energy industry, preferring to partake in wells operated by others than running the wells themselves.

NEW YORK (Reuters) - The energy industry is already starting to recover from one the worst years in recent history after the coronavirus pandemic roiled global markets, Baker Hughes Chief Executive Lorenzo Simonelli said on Monday during CERAWeek by IHS Markit.

John Goff sees huge gains for distressed frackers especially if they follow Big Tobacco's playbook for declining businesses.

(Bloomberg) --Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand.

Securitized 1031 exchange offerings raised just shy of $3.2 billion in 2020, down from last year's total of nearly $3.5 billion, according to the year-end market report released by Mountain Dell Consulting.

(Bloomberg) --Brent crude topped $50 a barrel last week for the first time since March, a milestone for an oil market that’s been grinding its way back out of a deep slump for months.

Spot prices for liquefied natural gas (LNG) delivery in Asia jumped to a six-year high this week as lower-than-normal temperatures in key LNG importers and continued growth in China’s industrial activity boost demand.

(Bloomberg) --Oil extended gains from the highest settlement in almost 10 months after broader markets rallied and American crude stockpiles declined more than expected.

The highest number of airline travelers since the start of the coronavirus pandemic were screened this weekend, according to airport security officials.