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Oil & Gas News
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226BP Increases Oil Investments, Abandons 2030 Target
BP has officially abandoned its 2030 target to significantly cut oil and gas production, marking a notable shift under CEO Murray Auchincloss....
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166
Saudi Arabia Raises Asia Oil Price as Middle East Conflict Rages
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main oil prices for buyers in Asia amid heightened...
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197
U.S. Rig Count Drops Amid Pre-Election Uncertainty
U.S. energy firms have reduced the number of oil and natural gas rigs for the third consecutive week, according to the latest...
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185
Shale-Production Costs Seen Rising 2.8% in 2025, Enverus Says
Story By By David Wethe (Bloomberg) — Oilfield-service costs for US horizontal shale drilling are expected to rebound in 2025, clawing back some...
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224
Texas Pacific Land Secures Major Permian Asset Expansion
According to a press release on October 2nd, Texas Pacific Land Corporation (TPL) has made a strategic move by acquiring significant oil...
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261
Oklahoma’s Energy Sector at Risk from Middle East Tensions
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in the U.S. shale industry, recently voiced strong criticism...
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176
At What Oil Price Will Shale Drillers Stop Drilling?
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign pledge for sure, but one that has me...
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147
Energy Workforce Expands, Focus Shifts Toward Greater Diversity
The Energy Workforce & Technology Council (EWTC) has just released its 2024 Workforce Report, created in collaboration with Accenture. This report offers...
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194
Shell Exec Leaves Oil for Geothermal Energy Leadership
When Cindy Taff was a vice president at Shell in Houston, she often worked from home, and her middle school-aged daughter, Brianna,...
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172
Oil and Gas Fields Offshore U.S. Gulf of Mexico Come back Online Following Hurricane Helene
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its Hurricane Response Team and is monitoring offshore oil...
