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26Oil & Gas NewsU.S. Investor Group Kimmeridge Offers $6 Billion for Gas Driller Ascent Resources
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to buy Ascent Resources, the Financial Times reported on...
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89Oil & Gas News
Baker Hughes, Hunt Oil Target Mature Field Redevelopment
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at redeveloping mature oil and gas fields worldwide. The...
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120Oil & Gas News
EIA Again Raises WTI Price Forecast for Both 2025 and 2026
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO), which was released on December 9, the U.S....
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72International
OPEC Sees Balance in 2026, EIA Sees Inventory Builds: Why Both Narratives Matter
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On the one hand, OPEC is signaling that the...
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107International
Venezuela’s Oil Future Hinges on U.S. Tensions and Possible Regime Shift
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed access to heavy crude. 🔲 A U.S.-aligned Venezuela...
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271Oil & Gas News
Permian Basin Enters Era of ‘Industrialized Stability’ as Production Peaks
The Permian Basin is approaching a defining arithmetic milestone in December 2025. According to the U.S. Energy Information Administration (EIA), oil production...
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99Exploration
First of 30 Oil Lease Sales Planned for Gulf of Mexico Draws $300 Million From Companies
WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of...
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97Oil & Gas News
ExxonMobil Boosts 2030 Outlook, Plans to Double Permian Output
Mella McEwen | Midland Reporter-Telegram | ExxonMobil has released its updated corporate plan through 2030, which reflects even stronger earnings and cash...
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177Oil & Gas News
Record Crude Production from China’s Shale Pilot
China’s first national-level shale oil demonstration zone, located in Jimsar County in Northwest China’s Xinjiang Uygur Autonomous Region, has reached a new...
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147Energy
In a Geothermal Milestone, Zanskar Claims Major Discovery in Nevada
Story By Alexander C. Kaufman |Canary Media| Geothermal energy is undergoing a renaissance, thanks in large part to a crop of buzzy...
