WASHINGTON, (Reuters, via Yahoo) – The Biden administration’s pause on approving permits for U.S. liquefied natural gas (LNG) export terminals could backfire by boosting...
Story By Andreas Exarheas |RigZone.com|The average U.S. regular gasoline price is rising, the U.S. Energy Information Administration’s (EIA) latest gasoline fuel update,...
Amid a volatile global landscape, oil prices have surged, influenced by a combination of geopolitical tensions, supply concerns, and economic forecasts. Recent...
By Alex Lawler – (Reuters) – Saudi state oil company Aramco has started trading a U.S. crude oil grade that underpins the...
In a surprising move that has sent shockwaves through the global oil market, Saudi Arabia has directed its state-owned energy giant, Aramco,...
Story By Julianne Geiger | OilPrice.com | Brazil’s natural gas imports fell to a 20-year low last year, according to data from...
In a significant development within the oil and gas sector, Diamondback Energy and Endeavor Energy Resources are on the verge of finalizing...
Story By Stephanie Kelly | REUTERS | Oil production in the prodigious Permian shale basin in Texas and New Mexico this year...
A Story By Andreas Exarheas | RigZone.com | North America signed the most long-term contracts for the export of liquified natural gas (LNG) in 2023,...
In the wake of Federal Reserve officials signaling a cautious stance on interest rate cuts, the oil and gas industry is bracing...
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.
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
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...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
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