By David White (Bloomberg) — The cost to drill and frack new wells in US shale basins is expected to drop about...
Denver-based Ovintiv Inc. has once again increased its production guidance for the year, following a second-quarter performance that saw output reach the...
Story by Andreas Exarheas| RigZone.com | Oil’s Bermuda triangle is nearing an end, a Bofa Global Research report sent to Rigzone by the...
The relentless pace of transactions in the US shale sector signals that industry players are gearing up for a future with limited...
By Alex Kimani |OilPrice.com| The U.S. Department of Energy has finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum...
Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
Story Credit: Bloomberg – By Bill Lehane| According to the Renaissance Energy Advisors consultancy, American crude grade WTI Midland has replaced West...
Insurers are now assessing the financial fallout from last week’s massive CrowdStrike software glitch, which crashed computers, canceled flights, and disrupted hospitals...
Helmerich & Payne, Inc. and KCA Deutag International Limited (“KCA Deutag”) announced a definitive agreement under which the H&P drilling company will...
By Bloomberg|Julia Fanzeres and Jordan Fitzgerald | Oil rose, clawing back from a run of losses, after a government report showed that...
Economic growth picked up more than expected in the spring, as cooling inflation and a strong labor market allowed consumers to keep spending even as high interest rates weighed on their finances.
The Commerce Department said on Thursday that gross domestic product, adjusted for inflation, increased at a 2.8 percent annual rate in the second quarter. That was faster than the 1.4 percent rate recorded in the first quarter, but it was down from the unexpectedly strong growth in the second half of last year.
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated...
On Monday, President Donald Trump reignited the energy debate by announcing a bold new...
By Julianne Geiger for Oilprice.com | Despite Trump’s full-throttle push to “unleash” U.S. energy,...
In a significant move within the energy sector, Elliott Investment Management, one of the...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025...
by Lucia Kassai – (Bloomberg) — US oil refiners along the Gulf Coast are...
El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a...
By Darren Barbee | Hart Energy, via Yahoo News | ConocoPhillips Co., looking to shed...
By Simon Watkins for Oilprice.com |Following the sudden removal of longtime Syrian President Bashar...
By Felicity Bradstock for Oilprice.com | President Trump has been emphatic about his support for...
by Bloomberg|Kari Lundgren| The first ship in a 30 billion-kroner ($2.7 billion) plan to store...
President Donald Trump announced Thursday that the United States is set to boost oil...
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