The US government wants to crack down on Iranian oil smugglers, according to the Wall Street Journal. Iranian oil reportedly trades at...
Shipwrecks and unexploded bombs, Story credit: by Rachel Millard, published in The Telegraph, via Yahoo. Captain Ellis was below deck in bed...
By: Bobby Magill – Bloomberg Law – The tax and climate deal struck by Sens. Joe Manchin (D-W.Va.) and Chuck Schumer (D-N.Y.)...
(Bloomberg) — At a time when natural gas buyers are fighting over every last molecule, China — the world’s top importer of...
By: Mike Lee – EnergyWire – Oil field jobs, which plummeted during the pandemic and recession two years ago, haven’t recovered even...
The surge in US gas prices has caused demand destruction, a new survey by the American Automobile Association shows. The AAA found...
By: Reuters – The Kremlin said on Tuesday that a repaired gas turbine for Nord Stream 1, Russia’s biggest gas pipeline to...
Editor OilPrice.com. Russian President, Vladimir Putin, arrived in Tehran last week for the second time since he ordered the invasion of Ukraine...
By: Ben Werschkul – Yahoo Finance – One of Biden’s top energy aides confirmed Friday that the administration won’t extend the oil...
The United States became the world’s largest liquefied natural gas (LNG) exporter during the first half of 2022, according to data from CEDIGAZ....
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. Oklahoma lost 1 rig, down to 43 rigs now running.
The total oil and gas rig count, an early indicator of future output, fell by four to 600 in the week to May 24, the lowest since January 2022. Baker Hughes said that puts the total rig count down 111, or 16%, below this time last year.
Oil rigs were unchanged at 497 this week, while gas rigs fell by four to 99, their lowest since October 2021.
That cut the rig count in several states and one basin to their lowest levels in years.
In Texas, the state with almost half of the country's operating rigs, the count fell by three to 287, the lowest since February 2022, while in West Virginia, drillers cut two rigs, leaving just six active units, the lowest since August 2020.
In the Marcellus in Pennsylvania, West Virginia and Ohio, the nation's biggest shale gas-producing basin, the rig count fell by three to 26, the lowest since October 2021.
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in...
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign...
The Energy Workforce & Technology Council (EWTC) has just released its 2024 Workforce Report,...
Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to...
When Cindy Taff was a vice president at Shell in Houston, she often worked...
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov....
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Have your oil & gas questions answered by industry experts.