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Oil & Gas News
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733Magnolia Oil & Gas Bolts-on Acreage in Giddings Field
A story this week from Hart Energy highlighted the recent activity of South Texas operator Magnolia Oil & Gas, which closed a...
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574
Shale producers Pioneer Natural, Devon tighten budgets after profits plunge
(Reuters) -Shale producers Pioneer Natural Resources Co and Devon Energy Corp on Tuesday tightened budgets and warned of lower drilling and completions...
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723
Trinity Gas Storage Approved by Railroad Commission of Texas
By: Yahoo – The Railroad Commission of Texas has granted approval for the Trinity Gas Storage natural gas storage project (“Trinity“), a critical...
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495
Chesapeake Sees 5% to 7% Drop in Oilfield Service Costs in 2024
Chesapeake Energy, a leading U.S. oil and gas company, announced on Wednesday that it anticipates a decrease in oilfield service costs by...
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547
BP Posts 70% Drop in Q2 Profits, Raises Dividend by 10%
By: CNBC – Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil...
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496
Oil inventory drops set stage for higher prices
LONDON/HOUSTON/SINGAPORE, (Reuters) – Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from...
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532
Britain Commits to Hundreds of North Sea Oil and Gas Licenses
By: Reuters – Britain on Monday committed to granting hundreds of licenses for North Sea oil and gas extraction as part of...
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1.2K
Billionaire Harold Hamm Sees a Great Oil Fortune Still Untapped in US Shale
Continental is the biggest shale oil producer in North Dakota and Oklahoma, while also drilling wells in Wyoming and in the prolific Permian...
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595
How is New Mexico influencing federal oil and gas air pollution policy?
Story By Adrian Hedden|Carlsbad Current-Argus| National policy on controlling air pollution from oil and gas could be modeled after New Mexico’s recently...
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743
Chevron Expects ‘Low End of Guidance’ for Annual Production
Chevron Corp, one of the world’s leading oil companies, announced on Friday that its annual oil and gas production is expected to...
