By: AP – Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to...
By: Bloomberg – Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to...
By: Associated Press – The upcoming United States winter looks likely to be a bit low on snow and extreme cold outbreaks,...
By Laura Sanicola and Stephanie Kelly. WASHINGTON (Reuters) – U.S. oil refiners have cranked up output of diesel, heating oil, and jet...
By: Oil & Gas Journal – In its latest Short-Term Energy Outlook, the US Energy Information Administration (EIA) projects that natural gas...
By: Reuters – An Alaska state agency on Wednesday sued the Biden administration over its decision to cancel oil and gas leases...
By: Reuters – An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron’s (CVX.N) two liquefied natural...
By: Reuters – Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale...
S&P Global – FACT BOX – US President Joe Biden over the weekend warned Iran from escalating the conflict between Israel and...
By: Ines Ferre’ – Yahoo Finance – ExxonMobil (XOM)’s near-$60 billion acquisition of Pioneer Natural Resources (PXD) highlights Big Oil’s continued appetite for shale...
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 Osage Minerals Council has taken a firm stand against the Department of Government...
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr...
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...
Oklahoma lawmakers are looking to revamp bonding requirements for oil and gas producers, aiming...
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...
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...
Oilfield theft has become a major concern in Texas, where the energy industry remains...
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...
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