Story Credit: MarketWatch.com | Happy birthday, America! Thursday marks the 248th anniversary of ratifying the Declaration of Independence — and the Fourth...
This week marks a significant technological milestone at the Railroad Commission of Texas with the launch of State Tracking and Reporting (LoneSTAR)....
Story By Ed Pearcey |Global Data|via Yahoo News| The budget committee of the US Senate has started an investigation into suspicions of...
Over the past few years private equity funds have been finding it difficult to attract investors to the oil and gas sector....
Story By Breck Dumas |Fox News, via Yahoo News| A significant share of Americans who own an EV electric vehicle have buyer’s remorse,...
Story By Tsvetana Paraskova |OilPrice.com| Proponents of critical minerals as the way to have a world running solely on renewables and electric...
By Georgina Mccartney |Reuters| Oil and gas activity in Texas, Louisiana, and New Mexico rose modestly in the second quarter of 2024, the...
Spanish oil major Repsol is moving forward with plans to sell a minority interest in its Eagle Ford shale assets located in...
As the U.S. oil and gas sector navigates its way through an era of unprecedented consolidation, the industry’s major players face a...
(Bloomberg) — Quantum Capital Group has agreed to buy Caerus Oil and Gas in a deal that values the Rocky Mountain energy...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. Oklahoma lost 1 rig, down to 43 rigs now running.
The total oil and gas rig count, an early indicator of future output, fell by four to 600 in the week to May 24, the lowest since January 2022. Baker Hughes said that puts the total rig count down 111, or 16%, below this time last year.
Oil rigs were unchanged at 497 this week, while gas rigs fell by four to 99, their lowest since October 2021.
That cut the rig count in several states and one basin to their lowest levels in years.
In Texas, the state with almost half of the country's operating rigs, the count fell by three to 287, the lowest since February 2022, while in West Virginia, drillers cut two rigs, leaving just six active units, the lowest since August 2020.
In the Marcellus in Pennsylvania, West Virginia and Ohio, the nation's biggest shale gas-producing basin, the rig count fell by three to 26, the lowest since October 2021.
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr...
In a decisive move reflecting the current administration’s energy priorities, the Senate voted 54-44...
The Osage Minerals Council has taken a firm stand against the Department of Government...
Oil prices jumped as much as 2% on today after President Donald Trump revoked...
David Wethe – (Bloomberg) — Diamondback Energy Inc. is in talks to form a...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production...
by Zack Budryk | The HILL | The Environmental Protection Agency (EPA) will proceed with...
Oklahoma lawmakers are looking to revamp bonding requirements for oil and gas producers, aiming...
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil...
Oilfield theft has become a major concern in Texas, where the energy industry remains...
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among...
Have your oil & gas questions answered by industry experts.