By: Collin Eaton and Rebecca Elliot – WSJ – A split reality is emerging for U.S. shale drillers: Those that primarily pump...
By: The Guardian – Royal Dutch Shell has reinstated its decades-long commitment to increasing shareholder payouts, despite admitting that its oil production may...
By: Kevin Mooney – The Philadelphia Inquirer – Pennsylvania stands out among neighboring states as an energy powerhouse that has made smart...
By: The Dallas Morning News – By the year 2050, 8 of 10 cars sold globally will likely be electric. That’s a...
By: Cifford Kraus – The New York Times – Joseph R. Biden Jr.’s promise that he would “transition” the country away from...
By: Adrian Hedden – Carlsbad Current-Argus – Economic analysts are warning that New Mexico could be unable to rely on its oil...
By: Valerie Volcovici & Jessica Resnick-Ault – Reuters – The addition of Amy Coney Barrett to the Supreme Court, moving it further...
By: Bill Holland – S&P Global Platts – Driven by low crude oil prices, U.S. independent shale oil drillers are consolidating at...
By: Myles McCormick – Financial Times – Pioneer Natural Resources has agreed to buy rival Parsley Energy for $7.6bn including debt, marking...
By: Paul Takahashi – Houston Chronicle – ConocoPhillips has long eschewed mergers and acquisitions in favor of disciplined spending and steady, organic...
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.
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
Brent crude prices have climbed 8.5% so far this week on concerns over conflicts...
According to a press release on October 2nd, Texas Pacific Land Corporation (TPL) has...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in...
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign...
The Energy Workforce & Technology Council (EWTC) has just released its 2024 Workforce Report,...
Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to...
When Cindy Taff was a vice president at Shell in Houston, she often worked...
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov....
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
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