By: Andrew Baker – NGI – Diamondback Energy Inc. is aiming to keep oil production flat in the Permian Basin this year,...
By: Ron Bousso – Reuters – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end...
By: David Wethe & Shely Hagan – Bloomberg – State legislatures across the U.S. are drafting bills to prohibit business with finance...
Brigham Minerals, Inc., a leading mineral and royalty interest acquisition company, today announced record operational and financial results for the quarter and...
By: Bloomberg via YahooFinance – After watching big banks curtail lending and asset managers pare bets, fossil fuel producers are now losing...
By: Lina Saigol – Barrons – Germany halted the Nord Stream 2 gas pipeline as the European Union prepares to levy tough...
By: Ella Nilsen – CNN – The Biden administration has once again put a pause on new leases and permits for federal...
By: Bloomberg via Yahoo – The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil...
By: Liz Hampton – Reuters – With crude prices at their highest levels in years, U.S. oil drillers are trying to boost...
By: Clifford Krauss – NYT – A Russian invasion of Ukraine could drive up already high oil and natural gas prices, prolonging...
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...
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...
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...
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