Oilfield theft has become a major concern in Texas, where the energy industry remains a critical pillar of the state’s economy. Criminal...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production increase, marking the first output hike since 2022....
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the...
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr Zelensky have reached a first-of-its-kind agreement for joint...
Oklahoma lawmakers are looking to revamp bonding requirements for oil and gas producers, aiming to address the growing problem of abandoned wells...
Oil prices jumped as much as 2% on today after President Donald Trump revoked a key license allowing Chevron to operate in...
David Wethe – (Bloomberg) — Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of...
by Zack Budryk | The HILL | The Environmental Protection Agency (EPA) will proceed with Biden-era plans to allow the year-round sale of...
In a decisive move reflecting the current administration’s energy priorities, the Senate voted 54-44 on Tuesday to repeal a regulation that imposed...
The Western Anadarko Basin in Oklahoma has long been a cornerstone of U.S. oil and gas development. Over the years, it has...
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it’s coming soon, perhaps as soon as this week.
The timing of the Federal Reserve’s next move to cut U.S. interest rates will depend on whether they are right.
The consumer-price index, one of the two main U.S. barometers of inflation, is expected to post the biggest increase in June since President Donald Trump jacked up tariffs to the highest level in decades. The June CPI report comes out on Tuesday.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, fell by two to 537 in the week to July 11, the lowest since October 2021.
Baker Hughes said this week's decline puts the total rig count down 47 rigs, or 8% below this time last year.
Baker Hughes said oil rigs fell by one to 424 this week, their lowest since September 2021, while gas rigs were unchanged at 108.
In Texas, the biggest oil and gas producing state, the rig count fell by one to 255, the lowest since November 2021. Oklahoma was down one rig, now with 42 rigs running.
But in the Haynesville shale in Arkansas, Louisiana and Texas, one of the nation's biggest and fastest growing gas producing regions, the rig count rose by one to 38, the most since March 2024.
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Have your oil & gas questions answered by industry experts.