By: CNBC – Saudi Arabia’s state-controlled oil giant Aramco on Sunday reported a record net income of $161.1 billion for 2022 —...
Three Grady County wells with a combined natural gas output of more than 34,000 Mcf were reported by Marathon Oil Company. The...
Story by Mathew Fox @Business Insider. The market on Friday watched as regulators shut the doors at Silicon Valley Bank, capping off...
By: Forbes – In a remarkable shift in tone from her appearance at the annual CERAWeek conference in Houston just one year...
NEW DELHI/LONDON (Reuters) – U.S.-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as...
By: The New York Times – New intelligence reviewed by U.S. officials suggests that a pro-Ukrainian group carried out the attack on...
By: Reuters – U.S. energy executives and top OPEC officials on Monday discussed concerns about a lack of spare oil production capacity...
By – Reuters – Environmental groups sued the Biden administration on Monday to block the sale of oil and gas drilling rights...
By: Reuters – Guyana, the South American country that is home to the world’s largest oil discoveries in a decade, next wants...
Story from Michael Kern at OilPrice.com. Natural gas is a fossil fuel that has been used for centuries to power homes, businesses,...
Oil prices tick higher but are on course for a weekly loss as concerns about easing supply tightness and a cloudy demand outlook have outweighed reduced OPEC output.
Brent crude oil is up 0.6% at $83.42 a barrel, but on course for a 1.6% decline for the week. West Texas Intermediate (WTI) is also set for a 1.4% weekly loss.
Oil prices have slipped in recent weeks due to Iranian exports rising and the possibility of sanctions on Venezuela being lifted. But BMI Industry Research doesn't expect further losses for now. "The cutbacks in place by OPEC+, additional unilateral action by Saudi Arabia and export declines in Russia, as well as seasonally strong consumption, support the market," the company said in a note.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
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...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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