By: Reuters – The Public Utility Commission of Texas (PUCT) on Thursday adopted a new market design for the state’s electric grid...
By: Reuters – Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years...
By: CNBC – Pressuring oil companies through higher taxes is counterproductive at a time when global crude demand is set to outstrip...
STORY BY Joseph Markman| Hart Energy. U.S. upstream CAPEX will increase to about $144 billion in 2023, AllianceBernstein said in a Jan....
By: Reuters – The West’s top energy firms are expected to rake in a combined record profit of $200 billion from a...
OilPrice.com, via YahooNews. As interest in green hydrogen picks up worldwide, energy firms are using a variety of renewable energy projects to...
By: Forbes – This Christmas season is a time of thanks and hopes for imposing leaps in science that are being made:...
(REUTERS)- Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with...
By: NGI – The U.S. natural gas and oil sector is likely to achieve moderate growth this year, preferring to hoard cash,...
Chesapeake Energy Corp. was one of the biggest stars of the fracking boom, riding high for years on its ability to tap vast...
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...
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports...
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...
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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