By: Reuters – Spot natural gas prices for Wednesday at the Waha hub in the Permian Shale in West Texas fell into...
Story by Philip van Doorn |MarketWatch.com| Oil demand is likely to hold up longer than many people expect during the anticipated transition...
New research has highlighted the potential risk of tens of thousands of inactive offshore oil and gas wells remaining unplugged in the...
Story by Anna Phillips, The Washington Post. Already No. 1 in wind power, and home to a fast-growing solar industry, Texas is...
By: CNBC – The recent slide in oil prices is starting to bottom out, according to analysts who predict that a more...
Story By Nissa Darbonne | Oil and Gas Investor | EOG Resources Inc. is looking at delaying completions in its behemoth Dorado...
Callon Petroleum Company has announced two definitive agreements that will consolidate and refocus its operations, speed up the attainment of its debt...
By: CNBC – British oil giant Shell on Thursday posted a stronger-than-anticipated first-quarter profit, extending a record run of bumper results after...
Story by Jerry Bohnen, OK Energy Today. Despite losses in Oklahoma’s oilfield activity in the past few weeks as reported by Baker...
By: Idaho Capital Sun – Members of the U.S. Senate Energy and Natural Resources Committee used a Tuesday hearing on the Interior...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
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