Story by Bruce Kamich, TheStreet.com ~Every couple of minutes we are reminded of the price of crude oil (and the yield on...
By: Reuters – Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S....
By: Business Insider – Aides to President Joe Biden were enraged when Saudi Arabia’s Crown Prince Mohammed bin Salman abandoned a secret...
From Business Insider: The US housing market isn’t just slowing down, it’s in the early stages of a major correction. With mortgage...
By: The New York Times – The war in Ukraine is raging, Russian natural gas exports to Europe are dwindling and the...
Relations between the U.S. and Saudi Arabia may have plunged to a new low after the kingdom cut oil production in defiance...
By: Reuters – Saad al-Kaabi, the head of Qatar’s state-run energy company, said on Monday all oil and gas trade should be...
Deutsche Bank on Oct. 21 said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans...
By: Reuters – U.S. natural gas futures fell to their lowest since March on Thursday, after a federal report showed a larger-than-expected...
By: NGI – An unprecedented number of LNG vessels are floating offshore Europe as regasification terminal congestion and whipsawing prices further complicate...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
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...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
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...
The oil and gas sector is undergoing a major digital overhaul, and data is...
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