In a proactive effort to address the issue of abandoned oil and gas wells, the New Mexico State Land Office has plugged...
Credit: S&P Global 1. Asian refiners expect limited OPEC+ cut impact on H2 term crude supply What’s happening? Saudi Arabia, Iraq, the...
On Wednesday, the German cabinet approved a bill prohibiting most new oil and gas heating systems from 2024, aimed at reducing greenhouse...
Mrinalika Roy – [Reuters] Companies with a focus on the oil-rich Permian Basin are likely to be at the center of the...
Intense competition among developers and rising costs are creating challenges for new liquefied natural gas (LNG) projects in the United States, even...
April 17 (Reuters) – Iraq’s federal government and the Kurdistan Regional Government (KRG) have ironed out technical issues essential to resuming northern...
Oil prices experienced a downturn on Monday as investors weighed the potential impact of a May interest rate hike by the U.S....
In Part 1 of our 3-Part series, we discussed the different types of mineral ownership, in Part 2 of our series we...
In Part 1 of our 3-Part series, we discussed the different types of mineral ownership. Today we will be discussing royalties, how...
ChatGPT. Story Credit, Habib Ouadi et al.: Journal of Petroleum Technology. The complex and dynamic nature of the oil industry calls for...
Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran, looked set to keep sanctions on both OPEC+ members, Russia and Iran, in place for longer.
Brent crude futures rose $1, or 1.5%, to settle at $65.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 89 cents, or 1.4%, to close at $63.41.
"Risk premium has ramped up this week as the prospect of a Russia/Ukraine ceasefire as well as an Iranian nuclear deal now appear to have been pushed back for weeks if not months," analysts at energy advisory firm Ritterbusch and Associates said in a note.
The stock market closed higher Tuesday, with the technology-heavy Nasdaq Composite erasing its 2025 losses to join the S&P 500 in positive territory for the year.
The Dow Jones Industrial Average ended 0.5% higher [+214.16] on Tuesday, while the S&P 500 rose 0.6% [+34.43] and the Nasdaq Composite gained 0.8%, [+156.34] according to preliminary FactSet data. The Nasdaq is now up 0.5% so far in 2025.
The U.S. stock market climbed Tuesday as investors assessed fresh data showing job openings rose more than expected in April. The number of job openings in the U.S. increased to 7.4 million in April, exceeding the 7.1 million forecast by economists polled by the Wall Street Journal.
The Dow advanced for a fourth straight day but came up just shy of totally wiping out its 2025 losses, finishing Tuesday down 0.1% year to date, the preliminary FactSet data show. The S&P 500 booked back-to-back gains on Tuesday, increasing its climb so far in 2025 to 1.5%.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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