Oil & Gas News Archives

Learn everything you need to know about Oklahoma oil and gas mineral rights, from ownership, leasing, and maximizing your revenue.

From Ownership to Royalties: A Comprehensive Look at Oklahoma Oil and Gas Mineral Rights

The first oil well discovered in Oklahoma was the Nellie Johnstone No. 1 in 1897 and at one time in 1927, Oklahoma was the largest...

Fossil Fuels, Generation, Power, China, USA

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China Outpaces U.S. in Cutting Fossil Fuels Reliance

This summer, U.S. utilities leaned more heavily on fossil fuels for electricity generation than their counterparts in China—a surprising reality that undercuts...

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Iran Allocates Half of Oil Revenue to Military Spending

Iran’s upcoming budget plan reveals a significant shift in its allocation of oil and gas export revenues, with more than half directed...

In its latest short term energy outlook (STEO), the EIA cut its West Texas Intermediate (WTI) oil price forecast for both 2024 and 2025.

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USA EIA Slashes WTI Oil Price Forecast

Story by Andreas Exarheas| RigZone.com | In its latest short term energy outlook (STEO), which was released earlier this month, the U.S. Energy...

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Iraq Seeks U.S. Investment to Reduce Flaring

Iraq’s Deputy Petroleum Minister, Hamid Younes al-Zobai, recently visited Washington in an effort to secure additional funding from the United States. The...

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Synthica Energy Breaks Ground on Renewable Natural Gas Facility

Cincinnati-based Synthica Energy has officially broken ground on a new Renewable Natural Gas (RNG) facility in Rome, Georgia, just outside Atlanta. Named...

The 42-mile electrified conveyor Dune Express system carrying sand from Atlas Energy Solutions' mine at Kermit into Lea County is almost done.

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Atlas Energy’s $400M Dune Express Conveyor System Nears Operation

Story By By Mella McEwen, Oil Editor| Midland Telegram Reporter | Construction of the 42-mile electrified conveyor system carrying sand from Atlas Energy...

New York-listed driller Nabors Industries will acquire competitor Parker Wellbore for nearly $360 million, the companies have announced.

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U.S. Driller to Buy Competitor in $360 Million Transaction

Story By Robert Stewart | UpStreamOnline.com | New York-listed driller Nabors Industries will acquire competitor Parker Wellbore for nearly $360 million, the...