By: Liz Hampton – Reuters – The third-largest U.S. public pension fund on Thursday said it is launching reviews over climate concerns...
By: Sabrina Valle in Houston, Liz Hampton in Denver, and Shariq Khan – Reuters – Exxon Mobil Corp has begun marketing U.S....
By: Reuters – Chesapeake Energy Corp on Tuesday raised its full-year forecasts for adjusted core income and production after beating Wall Street...
By: Stephen Cunningham – Argus Media – Oil Majors ExxonMobil and Chevron are ramping up drilling operations in the Permian basin of...
By: Anna Shiryaevskaya, Stephen Stapczynski, and Ann Koh – Bloomberg News – The era of cheap natural gas is over, giving way...
By Bob Campbell, Odessa American, Texas – If the energy industry would quit firing all its employees at the first sign of...
By: Adrian Hedden – Carlsbad Current Argus – As gas production ramps up again New Mexico’s Democrat leaders in Congress urged the...
By: Brian Maffly – Salt Lake Tribune – There were just three rigs drilling in Utah’s oil and gas fields last January...
By: J. Robinson & Kelsey Hallahan – S&P Global Platts – As Appalachia’s natural gas markets turn increasingly bullish, one of the...
By: Barry Po – Forbes – The winds of change are howling in the world of heavy industry. If there were any...
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 |Alex Longley, Jack Wittels| The manager of an oil tanker on fire...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is...
Oilfield theft has become a major concern in Texas, where the energy industry remains...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among...
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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