Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive measures against Russian oil and gas could run down Vladimir...
By Bloomberg|Joumanna Bercetche, Anthony Di Paola. | China is still driving growth in global oil demand, the head of Saudi Aramco said,...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according to data released by the nation’s energy secretariat...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not been shy about his interest in “purchasing” Greenland,...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders during his first day as the 47th President...
(Reuters) – Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he will vigorously pursue the president-elect’s goals of maximizing...
Canada is weighing its options for retaliating against incoming U.S. President Donald Trump’s proposed tariffs—potentially by restricting the flow of Canadian oil...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told senators during his confirmation hearing Wednesday that he...
Tsvetana Paraskova for Oilprice.com | Canada has drafted a list of U.S. goods worth billions of dollars that it could tax with...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing Lower 48 basins are grappling with stagnation or...
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.