By: AL.com – The nation’s largest public utility on Friday recommended replacing an aging coal-burning power plant with natural gas, ignoring calls...
By: Reuters – The $60 price cap on seaborne Russian oil agreed upon by the Group of Seven nations and Australia is...
Derek Brower, Financial Times. Shale pioneer Harold Hamm has hit out at the U.S.’s oil deal with Venezuela, saying it marked a...
(Bloomberg) — The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve (SPR) mandated by Congress so it can...
From OilPrice.com. The European Union has spent most of this year importing natural gas from any source available, including sanctioned Russia, after...
By: KFOR – Three former state legislators are calling on current lawmakers to investigate the Oklahoma Corporation Commission for what they’re saying...
From MarketWatch: After outperforming both the S&P 500 and Nasdaq Composite in November, the Dow Jones Industrial Average has exited bear market...
By: CNBC – A group of some of the world’s most powerful oil producers is highly likely to take further measures to...
By: Reuters – Italy plans to apply a 50% one-off windfall tax next year on surplus income of energy companies that have...
By: Salt Lake Tribune – No public land in Utah has been auctioned for oil and gas development since President Joe Biden...
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.
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
Brent crude prices have climbed 8.5% so far this week on concerns over conflicts...
According to a press release on October 2nd, Texas Pacific Land Corporation (TPL) has...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in...
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign...
The Energy Workforce & Technology Council (EWTC) has just released its 2024 Workforce Report,...
Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to...
When Cindy Taff was a vice president at Shell in Houston, she often worked...
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov....
A federal judge has hit the pause button on new oil and gas drilling...
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