By: Reuters – U.S. oil output climbed to nearly 12 million barrels per day (BPD) in August, government figures showed on Monday,...
By: WMUR – The CEO of utility Eversource said Monday he wrote a letter to President Joe Biden because he has serious...
By: EIA – According to our recently released Natural Gas Annual, natural gas consumption in all sectors in the United States was...
OilPrice.com. Leftwing Senator Gustavo Petro’s electoral victory, which he was inaugurated as Colombia’s 34th president, saw a wave of optimism sweep across...
By: Midland Reporter-Telegram – West Texas producers got an unfortunate sense of déjà vu this week, watching natural gas prices at Waha...
U.S. oil and natural gas rigs fell this week but edged up in October in the first monthly increase since July as...
By: Reuters – Russia’s defense ministry said on Saturday that British navy personnel blew up the Nord Stream gas pipelines last month,...
By: CNBC – European gas prices may have dropped to levels not seen in more than four months, but this is far...
Story by Bruce Kamich, TheStreet.com ~Every couple of minutes we are reminded of the price of crude oil (and the yield on...
By: Reuters – Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S....
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.
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 |Alex Longley, Jack Wittels| The manager of an oil tanker on fire...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is...
Oilfield theft has become a major concern in Texas, where the energy industry remains...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among...
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...
Have your oil & gas questions answered by industry experts.