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Oil & Gas News
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156Rising Costs Force U.S. LNG Firms to Renegotiate
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas (LNG) producers are looking to renegotiate higher prices...
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234
Low Energy Prices Sting Aramco Profits and Squeeze Saudi Development Plans
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024...
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544
Osage Minerals Council Fights DOGE Proposed Closure of BIA Osage Agency Office
The Osage Minerals Council has taken a firm stand against the Department of Government Efficiency’s (DOGE) proposal to terminate the lease for...
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121
Protecting Texas Oil: HB3707 Attempts to Tackle Theft and Waste
Oilfield theft has become a major concern in Texas, where the energy industry remains a critical pillar of the state’s economy. Criminal...
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104
Senate Repeals Methane Leak Fee in Boon to Oil and Gas Industry
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the...
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299
Trump’s Mineral Diplomacy: A Game Changer for Ukraine?
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr Zelensky have reached a first-of-its-kind agreement for joint...
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194
Oklahoma Pushes Higher Bonds to Address Abandoned Wells Crisis
Oklahoma lawmakers are looking to revamp bonding requirements for oil and gas producers, aiming to address the growing problem of abandoned wells...
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169
Oil Prices Surge After Trump Revokes Chevron’s Venezuela License
Oil prices jumped as much as 2% on today after President Donald Trump revoked a key license allowing Chevron to operate in...
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209
Diamondback Looks to Partner on Gas-Fired Power Plant in Permian
David Wethe – (Bloomberg) — Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of...
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205
Congress Moves to Roll Back Biden-Era Energy Regulations
In a decisive move reflecting the current administration’s energy priorities, the Senate voted 54-44 on Tuesday to repeal a regulation that imposed...
