LONDON, (Reuters) UPDATE: Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June,...
OilPrice.com – Crude oil prices inched down before the EIA reported its crude inventory report today, but saw a small jump after...
LONDON (Reuters) – Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a liquefied...
From OilPrice.com. The shale drilling boom that ended in March of 2020, as the full effects of the pandemic hit the economy,...
Canadian Overseas Petroleum Limited and its affiliates have received a Resource Report prepared by independent energy consultancy Ryder Scott confirming its deep...
Story by Jonathan Stempel (Reuters) –The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as...
By: Reuters – Oil prices slipped on Friday and were near their lowest levels since February as concerns over a possible recession...
Shale pioneer Chesapeake Energy will focus on its key shale gas plays in the United States and will consider its oil-producing acreage...
By: Reuters – Brigham Minerals Inc (MNRL.N), a company that owns the rights to extract oil and natural gas from land across numerous...
By: Washington Post – The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower...
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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