OilPrice.com. Chesapeake Energy will be slowing drilling for 2023 amid a sustained plunge in natural gas prices, with other operators following suit...
Story by Business Insider |Natalie Musumeci | Pro-Kremlin Russian pundits are furious over US President Joe Biden’s surprise trip to Ukraine’s capital...
By – ABC13 – Billy Joe “Red” McCombs, a San Antonio businessman who started as a car salesman and grew an empire...
By – Reuters – Oil prices rose over 1% on Monday, buoyed by optimism over Chinese demand, continued production curbs by major...
By: Forbes – Ahead of Arsenal’s home game against Brentford the Clock End at the Emirates Stadium unfurled a black banner with...
REUTERS. At least three proposed U.S. LNG export plants have likely found enough customers to receive financial approvals this year, according to...
By: Reuters – Russia’s decision to cut its crude oil production by 500,000 barrels per day reflects its inability to sell all...
Bernd Debusmann Jr – BBC News. A public meeting that was meant to ease fears about a toxic chemical train spill in...
By: Diana Furchtgott-Roth – Forbes – Pipelines are the safest way to transport oil and natural gas because the pipeline stays still...
(Bloomberg) — Texas is investigating why pipeline operator Targa Resources Corp. failed to report an unexpected release of tons of natural gas...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. Oklahoma lost 1 rig, down to 43 rigs now running.
The total oil and gas rig count, an early indicator of future output, fell by four to 600 in the week to May 24, the lowest since January 2022. Baker Hughes said that puts the total rig count down 111, or 16%, below this time last year.
Oil rigs were unchanged at 497 this week, while gas rigs fell by four to 99, their lowest since October 2021.
That cut the rig count in several states and one basin to their lowest levels in years.
In Texas, the state with almost half of the country's operating rigs, the count fell by three to 287, the lowest since February 2022, while in West Virginia, drillers cut two rigs, leaving just six active units, the lowest since August 2020.
In the Marcellus in Pennsylvania, West Virginia and Ohio, the nation's biggest shale gas-producing basin, the rig count fell by three to 26, the lowest since October 2021.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
Have your oil & gas questions answered by industry experts.