By: Reuters – Next month the European parliament is expected to vote on landmark legislation that would put a new onus on...
Story by Velda Addison. Hart Energy. American Electric Power Co. (AEP) has agreed to sell its unregulated renewables portfolio of wind and...
By: Reuters – U.S. oil and gas producer EOG Resources (EOG.N) on Friday said it had no plans to alter its strategy around...
By: Reuters – Ecuador’s oil industry will return to normal operations within three weeks, the government predicted on Friday after the energy...
By: The Guardian – The head of the International Energy Agency has warned that the “energy battle” between Europe and Russia is not over,...
By: Proactive – Jim Ratcliffe’s bid for a majority stake in Manchester United almost saw his chemicals company’s major investment in the US shale...
Story Credit: Will Peischel. New York Times. A century after oil barons scoured Texas for prime plots from which to extract black...
OilPrice.com. Chesapeake Energy will be slowing drilling for 2023 amid a sustained plunge in natural gas prices, with other operators following suit...
Story by Business Insider |Natalie Musumeci | Pro-Kremlin Russian pundits are furious over US President Joe Biden’s surprise trip to Ukraine’s capital...
By – ABC13 – Billy Joe “Red” McCombs, a San Antonio businessman who started as a car salesman and grew an empire...
U.S. energy firms added oil and natural gas rigs for a second week in a row this week, boosting the monthly count by the most since November 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count rose by three to 589 in the week to July 26. Despite this week's rig increase, the total count was still down by 75, or 11% below this time last year.
Oil rigs rose five to 482 this week, while gas rigs fell by two to 101.
In the Permian in West Texas and eastern New Mexico, the nation's biggest oil-producing basin and home to more than half the country's rigs, drillers cut one rig, bringing the count down to 304, the lowest since February 2022.
In the Williston in North Dakota and Montana, drillers added one rig, bringing the count up to 36, the highest since June 2023.
In July, total oil and gas rigs rose by eight, their first monthly increase since February and the biggest monthly increase since November 2022.
Oil rigs rose by three in July, putting the count up for the first month since March, while gas rigs climbed by four in their biggest monthly increase since July 2023.
A federal judge has hit the pause button on new oil and gas drilling...
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed...
Story By Andreas Exarheas|Rigzone.com| The natural gas market is impacted by a combination of...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
Have your oil & gas questions answered by industry experts.