The first oil well discovered in Oklahoma was the Nellie Johnstone No. 1 in 1897 and at one time in 1927, Oklahoma was the largest...
This summer, U.S. utilities leaned more heavily on fossil fuels for electricity generation than their counterparts in China—a surprising reality that undercuts...
Iran’s upcoming budget plan reveals a significant shift in its allocation of oil and gas export revenues, with more than half directed...
Story by Andreas Exarheas| RigZone.com | In its latest short term energy outlook (STEO), which was released earlier this month, the U.S. Energy...
Story by Lee Ying Shan |CNBC.com| The biggest influx of liquified natural gas (LNG) supply is coming online and it will transform...
Iraq’s Deputy Petroleum Minister, Hamid Younes al-Zobai, recently visited Washington in an effort to secure additional funding from the United States. The...
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Cincinnati-based Synthica Energy has officially broken ground on a new Renewable Natural Gas (RNG) facility in Rome, Georgia, just outside Atlanta. Named...
Story By By Mella McEwen, Oil Editor| Midland Telegram Reporter | Construction of the 42-mile electrified conveyor system carrying sand from Atlas Energy...
Story By Robert Stewart | UpStreamOnline.com | New York-listed driller Nabors Industries will acquire competitor Parker Wellbore for nearly $360 million, the...
Oil prices dropped over 4% on Tuesday, with Brent settling at $77.18 and WTI at $73.57 per barrel, primarily driven by news of a potential ceasefire between Hezbollah and Israel. The market remained volatile as conflicting reports emerged. While Hezbollah indicated openness to negotiations, tensions escalated with Israel making new incursions into southern Lebanon and warning residents away from specific buildings in Beirut's suburbs. Analysts noted the market's high sensitivity to headlines, with prices finding some support from concerns about possible attacks on Iranian oil infrastructure.
U.S. stocks finished higher on Tuesday, as technology shares powered a rebound in the broader market, propelling the Nasdaq Composite to its best day in nearly three weeks.
The Dow Jones rose 0.3% to end around 42,080 at 4 p.m. Eastern time, according to preliminary data from FactSet.
The S&P 500 popped nearly 1%, ending near 5,751.
The Nasdaq Composite surged 1.5% to finish around 18,182. The tech-heavy index scored its largest one-day point and percentage gain since Sept. 19.
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...
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
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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