By: Holly Barker – Bloomberg Law – The Supreme Court of Oklahoma tossed a $19 million attorneys’ fee award, along with a...
By: Myra P. Saefong – MarketWatch – It’s been a year since U.S. benchmark West Texas Intermediate crude futures made history by...
By: Matthew Daly – The AP – Interior Secretary Deb Haaland on Friday revoked a series of Trump administration energy orders that...
Warning: This article is going to deal in facts. FACT: Give politicians a crisis to exploit and you will have less freedom...
By: Kristen Mosbruker – The Advocate – Chesapeake Energy Corp. is piloting new technology in North Louisiana to monitor methane gas emissions...
By: Rystad Energy – Fracking in North America has almost recovered to pre-pandemic levels, with the count of started frac jobs reaching...
By: Tim McDonnell – QUARTZ – Orphaned wells are poised to overwhelm the US. Millions of oil and gas wells have been abandoned...
By: Nicholas Groom – Reuters – A U.S House of Representatives Democrat introduced a bill on Thursday authorizing $8 billion to plug...
By: Kevin Crowley – Bloomberg – President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies...
By: Bloomberg – The U.S. government program for selling drilling rights on federal land is so “fundamentally broken” that changes could be...
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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