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912Oil & Gas NewsUS 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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549International
Pemex Revives Fracking to Boost Mexico’s Oil and Gas Industry
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing, the new administration has approved a strategy that...
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278Exploration
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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561Oil & Gas News
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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519Oil & Gas News
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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661Oil & Gas News
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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499Oil & Gas News
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...
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650Oil & Gas News
Exxon, Chevron Raise Production as Europe Falls Behind
Trying to catch up in oil and gas production is difficult enough. It becomes even harder when competitors keep pulling further ahead....
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296International
Tankers Deliver Russian Crude to India Despite USA and EU Pressure
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions of barrels of Russian crude at Indian refineries...
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435National
U.S. Gasoline Demand in May Hits Lowest Seasonal Level Since 2020, EIA Says
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month since the coronavirus pandemic of 2020, data from...
