When Cindy Taff was a vice president at Shell in Houston, she often worked from home, and her middle school-aged daughter, Brianna,...
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its Hurricane Response Team and is monitoring offshore oil...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal Trade Commission (FTC), which has stepped in to...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov. Gavin Newsom signed bills Wednesday that will shut...
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking as part of efforts to cut diesel emissions,...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely assessment of energy activity among oil and gas...
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in early 2024 affected the cash flow generation of dozens...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed to strengthen the growth and financial stability of...
Story By Andreas Exarheas|Rigzone.com| The natural gas market is impacted by a combination of national, global, fundamental, and weather-related factors. That’s what...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared his candid views on the future of U.S....
Diamondback Energy, the largest independent oil and gas producer in the Permian Basin, has warned that the U.S. shale industry may be repeating past mistakes of unsustainable growth. The company plans to limit its own output growth to 2% next year, emphasizing the need for financial discipline over aggressive production expansion.
Diamondback's CFO, Kaesa Van't Hof, cautioned that other companies' focus on lowering break-even costs to justify growth has "gotten this industry in trouble in the past" and may be leading the industry back down a problematic path. The broader shale sector is closely monitored, as rising U.S. production has put pressure on OPEC, leading the cartel to delay a planned production increase. Some producers, such as Matador Resources and ConocoPhillips, have already raised their production guidance, but Diamondback aims to prioritize free cash flow over capital expenditure growth.
The U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 1. EIA HERE
Over the past five years, BP has attempted to make a bold move to...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to...
We are continuing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the...
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