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Oil & Gas News
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605Biden Approves Texas’ Largest Oil Export Terminal
The recent approval by the Biden administration of the Sea Port Oil Terminal (SPOT), a monumental oil export project off the Gulf...
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549
USA Gasoline Price Rising
Story By Andreas Exarheas |RigZone.com|The average U.S. regular gasoline price is rising, the U.S. Energy Information Administration’s (EIA) latest gasoline fuel update,...
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540
Oil Prices Rise Amid Geopolitical Tensions and Tight Supply
Amid a volatile global landscape, oil prices have surged, influenced by a combination of geopolitical tensions, supply concerns, and economic forecasts. Recent...
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506
Saudi 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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635
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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909
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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636
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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731
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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766
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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615
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...
