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Oil & Gas News
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487USA EIA Sees WTI Oil Price Under $48 Per Barrel in 2026
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) average spot crude oil price...
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288
USGS Study Finds Modest Hydrocarbons in Colorado and Wyoming
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum System, an oil and gas province that stretches...
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373
More Efficient Approach to Shale Wells Could Boost Oil Output, Store Emissions
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove record crude output in the U.S. over the...
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295
How the Triple Frac is Reshaping Permian Completions
The race to lower costs and accelerate production timelines in the Permian Basin has pushed operators to continuously rethink completion strategies. The...
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424
US Oil Output Forecast to Slide in 2026 as Drilling Slows
Key Highlights Global oil inventories are expected to grow more than 2 million b/d in late 2025, leading to lower crude prices....
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181
Wall Street Cuts Oil Cash as Politics Cloud the Forecast
˃ Financing from the six largest Wall Street banks for oil, gas, and coal projects fell 25% in the first seven months...
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363
Oxy Sells Permian Assets Valued at $950MM to Reduce Debt
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off non-core assets and pushing forward in its debt...
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320
Energy Lending Shrinks as Upstream Spending Declines
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting a market-led shift away from high-carbon investments that...
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409
Presidio Targets Public Debut in $660M SPAC Deal
Presidio Petroleum is preparing to enter the public markets through a strategic merger with EQV Ventures Acquisition Corp, signaling a renewed investor...
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304
US Gas Rigs Spike as E&Ps Seize on Price, Demand Dynamics
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs spiked this month to a two-year high, driven...
