Story By J. Robinson | S&P Global | US natural gas producers’ commitment to slow drilling activity in response to low gas...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum products dropped to levels last seen in late...
Oil and gas companies have added to the so-called fracklog for the second consecutive month, signaling a potential slowdown in U.S. shale...
Chinese companies have secured a significant number of contracts to explore oil and gas fields in Iraq, as revealed by Iraq’s Oil...
In a significant development that has captured the attention of international observers, Russia has reportedly discovered vast oil and gas reserves within...
Michigan Attorney General Dana Nessel recently announced her plans to initiate a lawsuit against the fossil fuel industry, highlighting the role these...
Big Hill is a federally-controlled underground petroleum storage site, one of four in the Strategic Petroleum Reserve program of the US Government....
Artificial Intelligence (AI) is increasingly pivotal in reshaping various sectors, including oil and gas. In this industry, traditionally characterized by high capital...
Story By Geert De Lombaerde |Oil & Gas Journal| Civitas Resources Inc., Denver, has signed agreements to sell two asset packages covering...
Story by Andreas Exarheas| RigZone.com |In a report sent to Rigzone late last week, analysts at J.P. Morgan said they now expect the...
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 oil and gas industry stands at a pivotal juncture, navigating through escalating demands,...
Story by Andreas Exarheas| RigZone.com |In a report sent to Rigzone late last week, analysts...
Story By Geert De Lombaerde |Oil & Gas Journal| Civitas Resources Inc., Denver, has...
Artificial Intelligence (AI) is increasingly pivotal in reshaping various sectors, including oil and gas....
Big Hill is a federally-controlled underground petroleum storage site, one of four in the...
Michigan Attorney General Dana Nessel recently announced her plans to initiate a lawsuit against...
In a significant development that has captured the attention of international observers, Russia has...
Chinese companies have secured a significant number of contracts to explore oil and gas...
Oil and gas companies have added to the so-called fracklog for the second consecutive...
Story by Jerry Bohnen |OK Energy Today|Ten years after SandRidge Energy had nearly 1,900...
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. This strategic...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum...
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