West Texas’ surging Permian Basin continues to add new drilling activity, but that didn’t stop the nation’s overall oil rig count from...
Financial Times ~ It has been a tough three years for the oil and gas industry. It battened down the hatches in...
Crude oil prices were largely unchanged near recent highs in early dealings on Monday, as the market weighed rising U.S. drilling activity...
The number of oil and gas rigs in the U.S. is down significantly from prior peaks but has recovered from the lows...
Following a round of freezing temperatures in most of the Eastern US, the U.S. Energy Information Administration (EIA) reported Thursday morning that...
LONDON – Premier Oil’s UK oil production averaged 39,500 boe/d last year, 20% higher than in 2016. This was mainly due to...
HOUSTON, — U.S. crude production will soar to a record high this year before rising even more in 2019, according to a...
In Oklahoma, there are various rivers that cut across the state dividing property lines and boundary lines. Although it is known that...
As we march into 2018, let’s start by taking a look back at Oklahoma O&G activity during 2017. At Oseberg, we believe...
ALBUQUERQUE, N.M. (AP) — Thanks to more barrels of oil production being pumped monthly from the Permian Basin, New Mexico is among...
South Korea’s top court voted unanimously to dismiss the country’s impeached president, Yoon Suk Yeol, on Friday, clearing the way for the key American ally to elect a new leader after months of political turmoil that has tested its democratic guardrails.
In a ruling that millions of South Koreans watched on live television, the Constitutional Court’s eight justices endorsed the National Assembly’s decision to impeach Mr. Yoon for his failed attempt to place his country under martial law in December. With that ruling, Mr. Yoon, who had been suspended from office since the parliamentary vote on Dec. 14, was formally unseated.
Stocks closed sharply lower on Thursday as President Donald Trump's latest tariffs rocked Wall Street, with the S&P 500 posting its worst daily drop since mid-2020, according to Dow Jones Market Data.
Bond yields sank as investors flocked to haven government debt, fueled by growing worries that the U.S. economy could falter amid the uncertain backdrop for global trade.
According to FactSet data, the Dow Jones Industrial Average shed 1,679.39 points, or 4%, to end at 40,545.93.
According to Dow Jones Market Data, the S&P 500 skidded 274.45 points, or 4.8%, to 5,396.52, logging its biggest daily drop since June 11, 2020.
The Nasdaq Composite Index shed 1,050.44 points, or 6%, to 16,550.61, its biggest daily drop since March 16, 2020.
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44. In today’s OPEC+ ministers’ meeting, countries decided to raise output by… pic.twitter.com/TRRrNnknEZ
— Zoom News (@zoomnewskrd) April 3, 2025
The United Arab Emirates is making a major financial play in the United States,...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the...
As it ages, the Permian Basin is producing more water, gas, and less oil...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy,...
A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil...
Have your oil & gas questions answered by industry experts.