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Oil & Gas News
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408Saudi Aramco starts trading US crude that helps set Brent oil benchmark
By Alex Lawler – (Reuters) – Saudi state oil company Aramco has started trading a U.S. crude oil grade that underpins the...
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472
Aramco Halts Oil Production Expansion Plans
In a surprising move that has sent shockwaves through the global oil market, Saudi Arabia has directed its state-owned energy giant, Aramco,...
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659
Diamondback and Endeavor Close to $50B Oil and Gas Merger
In a significant development within the oil and gas sector, Diamondback Energy and Endeavor Energy Resources are on the verge of finalizing...
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512
U.S. Permian deal frenzy dims U.S. oil output growth prospects for 2024
Story By Stephanie Kelly | REUTERS | Oil production in the prodigious Permian shale basin in Texas and New Mexico this year...
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560
Interest Rate Policy Impacts Oil and Gas Financing
In the wake of Federal Reserve officials signaling a cautious stance on interest rate cuts, the oil and gas industry is bracing...
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579
Big Oil’s Cash Surge: High Returns Amid Skepticism
In the oil and gas sector, ExxonMobil, Chevron, and Shell have recently marked a significant shift towards rewarding investors, emphasizing a steadfast...
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496
Trade Association Data Shows Texas Oil, Gas Employs Almost 500,000 People
Jobs in Texas Petroleum Industry | A Story By Andreas Exarheas | RigZone.com |In 2023, the Texas oil and natural gas industry...
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543
Overhaul at The IEA: Rethinking the Energy Agenda
As the International Energy Agency (IEA) celebrates its 50th anniversary, a growing discourse suggests that the time has come for a significant...
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808
Ohio Is For Lovers
As Hawthorne Heights once said in the early 2000s, “I can’t make it on my own, because my heart is in Ohio”. ...
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404
Booming shale production lifts Exxon, Chevron forecasts as oil and gas earning season kicks off
Story By Kevin Crowley|Bloomberg, via World Oil| Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts as bigger-than-expected oil output from shale...
