Templar Energy LLC and its affiliates (“Templar” or the “Company”) announced today that it has closed a comprehensive restructuring transaction on a...
The Week of September 12th – Recap of New Drilling Permits, Spacing, and Pooling Applications *Be sure and read the YTD Pooling Summary...
OKLAHOMA CITY, September 14, 2016 – Judge David R. Jones on Friday approved the SandRidge reorganization plan and the company will emerge...
With the acquisition from PayRock of 61,000 net acres in the STACK region for $888 million now closed, Marathon Oil is starting...
Devon Energy Announces Third Successful STACK Spacing Test and High-Rate Extended-Reach Oil Wells Devon Energy Corp. (DVN) announced today it has successfully...
This week before presenting the current rig count data we take a historical look at rig counts across two categories. (1) The...
The number of U.S. oil drilling rigs were unchanged at 406 this week after eight weeks of consecutive rises, Baker Hughes reported...
Citizen Energy II, LLC, a private Tulsa-based company has been active drilling Woodford tests down on the Canadian and Grady County line, in...
The last several years provided some of the most economic shale wells ever drilled in the US, one of the many reasons...
Last Weeks Drilling Intents, Spacing and Pooling Filings. Oklahoma Corporation Commission (OCC) latest filings as reported by Oseberg show Citizen Energy II LLC, a...
U.S. stocks closed mostly higher on Thursday, with the Dow logging its 49th record finish so far this year.
The rally in equities continued as retail-sales data for September came in surprisingly strong and jobless claims retreated, reinforcing a soft-landing scenario for the economy.
According to preliminary FactSet data, the Dow Jones Industrial Average added about 161 points, or 0.4%, to close at about 43,238.
The S&P 500 shed 1 point, or less than 0.1%, ending roughly flat at around 5,841.
The Nasdaq Composite Index advanced about 6 points, or less than 0.1%, closing around 18,373.
According to Dow Jones Market Data, the Dow clinched its most record closes in a year in 2017, at 71.
A fire broke out in a crude distillation unit at Germany's 215,000 b/d Vohburg-Neustadt refinery complex on 16 October, operator Bayernoil said. Traders in the region have not reported any impact on supply so far.
Bayernoil said the fire occurred in the sole CDU in the Neustadt section, the smaller of the two sites, and was put out within a few minutes. The cause and extent of the damage are not yet known.
Bayernoil is a joint venture comprising Varo Energy, Italy's Eni and Rosneft Deutschland. Rosneft Deutschland is one of Russian state-owned Rosneft two German subsidiaries, both of which have been under the trusteeship of Germany's Federal Network Agency since 2022.
Rosneft has said it intends to sell its German assets. According to the German government, the company will be actively pursuing the sale by the end of this year.
Crude oil inventories in the United fell by 1.58 million barrels for the week ending October 11, according to The American Petroleum Institute (API). Analysts had expected a build of 3.2 million barrels.
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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