By: CNBC – Nevada’s largest electricity provider has been approved for a $333 million project to develop a natural gas plant north...
By Jerry Bohen, OK Energy Today. The Arkoma Woodford Basin in eastern Oklahoma continues to yield successful wells for Tulsa energy company...
(Reuters) – As U.S. refiners rejigger operations to reflect declining domestic motor fuels demand in the next decade, they will seek to...
By: Natural Gas Intelligence – Saudi Arabia’s state-owned oil producer posted record profits for 2022, up nearly 50% year/year, lifted by soaring...
By: KFOR – The Oklahoma Corporation Commission held a special meeting Monday concerning a proposed senate bill that would change how utility...
By: Reuters – Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike...
Energy Story by Catherine Boudreau, Jacob Zinkula [Business Insider] President Joe Biden can’t quit fossil fuels even though he knows he needs...
Did Nord Stream attackers in hired yacht take late-night delivery of explosives in scenic German harbor before a dangerous dive mission to...
By: Reuters – Exxon Mobil Corp (XOM.N) has successfully started up a new $2-billion crude distillation unit (CDU) at its Beaumont, Texas refinery,...
By: Reuters – Oil prices clawed back some ground on Thursday after sliding to 15-month lows in the previous session as markets...
Hundreds of people gather for a "Stand With Ukraine" rally in Times Square on Saturday. Ukrainians, Ukrainian Americans and allies gathered to show support for Ukraine and protest against the Russian invasion. https://t.co/PLTXijReLj
📸: Alexi Rosenfeld/Getty Images pic.twitter.com/iQcsIWBkJy
— CBS News (@CBSNews) February 26, 2022
U.S. energy firms this week added oil and natural gas rigs for an eighth week in a row, with the rig count rising for a record 19th month in a row, as crude prices soared beyond $100 a barrel for the first time since 2014.
The oil and gas rig count, an early indicator of future output, rose five to 650 in the week to Feb. 25, its highest since April 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.
In February, the total oil and gas rig count rose by 40, putting the count up for a record 19th month in a row.
Oil rigs rose by 27 in the month, increasing for an 18th consecutive month, and gas rigs were up 12 in the month, growing for a sixth straight month.
U.S. oil rigs rose two to 522 this week, their highest since April 2020, while gas rigs rose three to 127, their highest since December 2019.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
Have your oil & gas questions answered by industry experts.