Total rigs engaged in the drilling for oil and gas in the U.S. increased for the week ending March 19, 2021, with the total...
By: Jonathan Saul & Laura Sanicola – Reuters – U.S. refiners are scaling back on hiring ships for longer periods to save...
By: Justin Jacobs and Derek Brower – Financial Times – The world’s most powerful oilman is betting big against America’s shale industry. ...
By: Samantha Subin – CNBC – When a raging snowstorm and frigid temperatures hit Texas last month, oil and gas behemoths responsible...
By: Brandon Evans – S&P Global Platts – The US Department of the Interior delved deeper into its review of federal minerals,...
By: David Blackmon – Forbes – Moving into the next boom time for the domestic U.S. shale oil and gas business doesn’t...
Rig Count Summary – Total rigs engaged in the drilling for oil and gas in the U.S. made a small gain for...
By: David Blackmon – Forbes – The history of the oil and gas business in the United States is that every time...
By: Brandon Evans – S&P Global Platts – As Colorado’s 2,000-foot drilling setbacks go into effect, PDC Energy looks to become the...
By: Mella McEwen – Midland Reporter-Telegram – Navigating the pandemic last year was an incredible challenge for individuals and businesses alike. But...
Oil prices rose on Monday as the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico offset persistent Chinese demand concerns ahead of this week's U.S. Federal Reserve interest rate cut decision.
Brent crude futures for November settled at $72.75 a barrel, up $1.14, or 1.59%. U.S. crude futures for October settled at $70.09, up $1.44, or 2.1%.
"We've still got the remnants of the storm," said Matt Smith, lead oil analyst at Kpler. "The impact is more on the production side than on refining. Therefore, it leans a little bit bullish."
More than 12% of crude production and 16% of natural gas output in the U.S. Gulf of Mexico remained offline in the aftermath of Hurricane Francine, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Monday.
U.S. stocks ended mixed on Monday, as traders’ expectations for the Federal Reserve to deliver a 50-basis-point rate cut on Wednesday continued to grow.
The Dow Jones Industrial Average ended roughly 0.6% higher to a new record close, according to preliminary closing data from FactSet.
The S&P 500 rose about 0.1%.
The Nasdaq Composite went down 0.5%
Helium is the second most abundant element in the universe after hydrogen. It is a...
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
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The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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