JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024...
The Osage Minerals Council has taken a firm stand against the Department of Government Efficiency’s (DOGE) proposal to terminate the lease for...
Oilfield theft has become a major concern in Texas, where the energy industry remains a critical pillar of the state’s economy. Criminal...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production increase, marking the first output hike since 2022....
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the...
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr Zelensky have reached a first-of-its-kind agreement for joint...
Oklahoma lawmakers are looking to revamp bonding requirements for oil and gas producers, aiming to address the growing problem of abandoned wells...
Oil prices jumped as much as 2% on today after President Donald Trump revoked a key license allowing Chevron to operate in...
David Wethe – (Bloomberg) — Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of...
by Zack Budryk | The HILL | The Environmental Protection Agency (EPA) will proceed with Biden-era plans to allow the year-round sale of...
China began imposing tariffs on US agricultural products yesterday. The move to slap an import tax on US farm products, whose largest overseas market is China, comes after President Trump raised tariffs on Chinese imports to the US twice. Meanwhile, Ontario planned a 25% surcharge on US-bound electricity in retaliation for US tariffs on Canada, most of which have been delayed but remain a possibility. The extra fees will hit 1.5 million American homes in New York, Michigan, and Minnesota, according to the BBC.
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is...
As it ages, the Permian Basin is producing more water, gas, and less oil...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious...
Story by Darrell Proctor | PowerMag.com | Officials in Pennsylvania have announced the redevelopment...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
The oil and gas industry enters the second quarter of 2025 with cautious optimism....
Story By Andreas Exarheas |RigZone.com| U.S. commercial crude oil inventories, excluding those in the...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former...
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
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