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Oil & Gas News
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334Chevron Relocates Headquarters from California to Texas
Chevron Corporation has announced its decision to relocate its headquarters from San Ramon, California, to Houston, Texas, marking the end of an...
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368
Shale Costs Forecast to Fall 10% This Year, Wood Mackenzie Says
By David White (Bloomberg) — The cost to drill and frack new wells in US shale basins is expected to drop about...
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335
Ovintiv Raises 2024 Output Goals After Stellar Q2
Denver-based Ovintiv Inc. has once again increased its production guidance for the year, following a second-quarter performance that saw output reach the...
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329
Shale M&A Activity Signals Industry Shift
The relentless pace of transactions in the US shale sector signals that industry players are gearing up for a future with limited...
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246
U.S. To Buy 4.65 Million Barrels for The SPR, But There’s A Problem
By Alex Kimani |OilPrice.com| The U.S. Department of Energy has finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum...
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397
Post Oak Expands with $475M in Permian Acquisitions
Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
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325
CrowdStrike Glitch Costs Fortune 500 Firms $5 Billion
Insurers are now assessing the financial fallout from last week’s massive CrowdStrike software glitch, which crashed computers, canceled flights, and disrupted hospitals...
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239
Oil Rises as US Stockpiles Drop to February Lows
By Bloomberg|Julia Fanzeres and Jordan Fitzgerald | Oil rose, clawing back from a run of losses, after a government report showed that...
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329
Oklahoma Court Suspends Anti-ESG Investment Ban
An Oklahoma court has issued a temporary injunction on a state law designed to prevent investments in companies that do not align...
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350
Trump Revives “Drill, Baby, Drill” Energy Strategy
During the Republican National Convention in Milwaukee, Donald Trump accepted the presidential nomination with fervent chants of “drill, baby, drill,” emphasizing his...
