The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is confronting a pivotal moment. As this prolific oilfield...
Story By Andreas Exarheas |RigZone.com| U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 6.2 million...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced its acquisition of High Roller Sand, a leading...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious Vision 2030 plan to build substantial futuristic cities...
As it ages, the Permian Basin is producing more water, gas, and less oil and may be nearing peak output. By Shariq...
The oil and gas industry enters the second quarter of 2025 with cautious optimism. Production remains steady, particularly in the Permian Basin...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the state’s leadership in the global energy sector. Surpassing...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors, energy companies in the Federal Reserve’s 11th District...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that,...
Unconfirmed reports are surfacing that Russian President Vladimir Putin is preparing to undergo cancer surgery and will temporarily transfer his authority to Nikolai Patrushev, head of the Russian federal police’s Security Council, while he is undergoing the medical procedure.
What Happened: A Russian-language Telegram channel called "General SVR" first reported the news in a posting that is no longer online. The New York Post reported the channel is allegedly run by someone calling himself “Viktor Mikhailovich,” although the channel’s operator is reportedly a former Russian Foreign Intelligence Service lieutenant general.
The energy sector is set for a lower start, pressured by weakness in the crude complex and the major market futures. U.S. stocks fell and the dollar held near record highs as concerns about economic growth lingered ahead of an expected U.S. rate hike this week and data showed COVID-19 lockdowns have slowed down China’s factory activity.
WTI and Brent crude oil are down in early trading as concerns over weak economic growth in China overshadowed fears of a potential European ban on Russian crude which could increase supply constraints. As a result of ongoing COVID-19 lockdowns, China released data on Saturday showing that factory activity in the world's second-largest economy contracted for a second month to its lowest since February 2020.
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...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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