The next move for oil prices could fall under a “good,” “bad,” or “ugly” scenario, according to BofA strategists. The three different...
By: Heather Richards – E&E News – Interior Department approvals to drill oil and gas wells on public lands have dropped significantly...
By: David French – Reuters – A group of oil and gas “mini-majors” are emerging among U.S. shale producers, built from aggressive...
By: Frank Morris – Kansas News Service via Hays Post – To understand why oil prices are high today, you have to...
From OK Energy Today: With crude oil prices reaching well more than $100 a barrel, a result of Russia’s invasion of Ukraine,...
By: Justin Worland – TIME – As gas prices spike for American drivers, fossil fuel boosters have slammed President Joe Biden for...
By: Andreas Exarheas – RigZone – Russia will have to shut-in oil production as it will be unable to sell all the...
History is being made this month and not in a good way. Whether you’re a Republican, Democrat, or Independent, you can’t be...
By: Bozorgmehr Sharafedin – Reuters – The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at...
Shell plc has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas, and...
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to February 14.
Despite this week's rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year.
Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101.
The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on paying down debt and boosting shareholder returns rather than raising output.
Top oilfield services provider SLB is restructuring certain business functions and expecting more job cuts, according to a source familiar with the matter and an internal email seen by Reuters.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
As oil prices sink to their lowest levels in four years and the risk...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
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