Russian oil companies are experiencing significant delays in receiving payments for their crude oil and fuel exports, with some waits extending to...
In January, the US Energy Information Administration (EIA) reported a monumental achievement in the American oil industry: domestic crude oil production reached...
By Bloomberg, via RigZone.com |Mohammed Hatem, Christine Burke | The Yemen-based Houthi militants renewed their threats against Saudi Arabia, warning it not...
Story By Mella McEwen |Midland Reporter Telegram| Despite a nearly 25% decline in the rig count last year, US crude oil production...
At a recent summit in Brussels, key figures from pro-nuclear European nations and energy specialists advocated for a resurgence of nuclear energy....
Story By Leslie Sattler | TCD, via Yahoo News | In Colorado, abandoned oil wells have sparked lawsuits from fed-up landowners. What’s...
In a significant move reflecting the ongoing debate around Environmental, Social, and Governance (ESG) investment strategies, the Texas Board of Education has...
Duke Energy’s transition from coal to natural gas at their Marshall Steam Station on Lake Norman is a significant example of how...
Story By Kyle Bakx | CBC News |The head of the world’s largest energy company on Monday urged the world to accept...
The United States is currently undertaking the task of buying oil to replenish its Strategic Petroleum Reserve (SPR) after a significant drawdown...
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.
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
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....
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
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