From Hart Energy. Halliburton Co. reported a 21% hike in quarterly net income to $656 million on Jan. 24, beating analysts’ estimates...
By: The Dallas Morning News – Consolidation in the Texas Oil Patch is gaining momentum this week after Dallas-based Matador Resources Co....
Story Credit: Yahoo News. At a White House press briefing on Monday, Energy Secretary Jennifer Granholm was asked by Yahoo News to...
By: Reuters – President Joe Biden will veto a bill by U.S. House of Representatives Republicans on the Strategic Petroleum Reserve (SPR)...
By: The Guardian – Colombia’s leftwing government has announced that it will not approve any new oil and gas exploration projects as...
By: France 24 – US shale gas output has lost none of its momentum, but when it comes to oil, the US shale revolution is...
By: Reuters – The Public Utility Commission of Texas (PUCT) on Thursday adopted a new market design for the state’s electric grid...
By: Reuters – Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years...
By: CNBC – Pressuring oil companies through higher taxes is counterproductive at a time when global crude demand is set to outstrip...
STORY BY Joseph Markman| Hart Energy. U.S. upstream CAPEX will increase to about $144 billion in 2023, AllianceBernstein said in a Jan....
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...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
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 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...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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