By: Reuters – Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil...
By: Reuters – Next month the European parliament is expected to vote on landmark legislation that would put a new onus on...
Story by Velda Addison. Hart Energy. American Electric Power Co. (AEP) has agreed to sell its unregulated renewables portfolio of wind and...
By: Reuters – U.S. oil and gas producer EOG Resources (EOG.N) on Friday said it had no plans to alter its strategy around...
By: Reuters – Ecuador’s oil industry will return to normal operations within three weeks, the government predicted on Friday after the energy...
By: The Guardian – The head of the International Energy Agency has warned that the “energy battle” between Europe and Russia is not over,...
By: Proactive – Jim Ratcliffe’s bid for a majority stake in Manchester United almost saw his chemicals company’s major investment in the US shale...
Story Credit: Will Peischel. New York Times. A century after oil barons scoured Texas for prime plots from which to extract black...
OilPrice.com. Chesapeake Energy will be slowing drilling for 2023 amid a sustained plunge in natural gas prices, with other operators following suit...
Story by Business Insider |Natalie Musumeci | Pro-Kremlin Russian pundits are furious over US President Joe Biden’s surprise trip to Ukraine’s capital...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
The Osage Minerals Council has taken a firm stand against the Department of Government...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production...
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is...
By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among...
Oilfield theft has become a major concern in Texas, where the energy industry remains...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas...
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports...
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane...
By Alex Kimani for Oilprice.com | Three years ago, Europe suffered one of its...
Continental Resources has entered a joint venture with Türkiye Petroleum and TransAtlantic Petroleum to...
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