Refracs? From OilPrice.com. A global oil shortage and high fuel prices have triggered calls from President Joe Biden’s administration for U.S. shale...
I have argued in a succession of OilPrice articles, here, here, and here, that the era of rapid growth in shale production output was coming...
By: Reuters – British Prime Minister Rishi Sunak is poised to announce a major natural gas deal with the United States after...
By: Reuters – The global liquefied natural gas (LNG) market is undergoing a triple flattening, with prices, volumes, and seasonality leveling off...
HOUSTON (Reuters) – Exxon Mobil Corp will take up to a $2 billion loss on the highly leveraged sale of a troubled...
By: Bloomberg – A high-resolution satellite image taken less than 48 hours ago appears to show methane releases from China’s largest oilfield....
After six months of rising oil and gas tax revenues, Eddy County, New Mexico Finance Director Roberta Smith predicted a dip in...
By: Reuters – The German navy is helping Norway to protect critical maritime infrastructure such as oil rigs, undersea cables, and pipelines,...
By: Reuters – Chesapeake Energy on Wednesday said inflation in the fastest-growing U.S. shale gas region could surpass 15% next year, a...
Story By Emily Patsy. Marathon Oil Corp. agreed to acquire Ensign Natural Resources on Nov. 2, nearly doubling the Houston-based company’s position...
Benchmark U.S. crude oil for February delivery fell 12 cents to $71.65 per barrel Friday. Brent crude for March delivery fell 11 cents to $77.04 per barrel.
Wholesale gasoline for January delivery rose 1 cent to $2.10 a gallon. January heating oil fell 1 cent to $2.55 a gallon. February natural gas fell 5 cents to $2.51 per 1,000 cubic feet.
Brazil’s oil and gas production reached in November its highest level ever for a single month, data from oil regulator ANP showed on Thursday, eclipsing the previous record set in September.
Oil and natural gas production totaled 4.698 million barrels of oil equivalent per day in the period, ANP said in a statement, with oil output alone rising 18.8% year-on-year to 3.678 million barrels per day.
Natural gas production jumped 15.5% to 162.12 million cubic meters per day, the regulator added.
A federal safety board on Tuesday shared findings of a devastating oil and gas well blowout that occurred three years ago in Burleson County.
The incident, which occurred on January 29, 2020, resulted in the death of three contract workers and left a fourth severely injured.
The Daniel H. Wendland 1-H well, operated by Oklahoma-based Chesapeake Energy, was the location of the deadly flash fire that was felt throughout Burleson County and neighboring communities.
The U.S. Chemical Safety Board, in its comprehensive report, points to critical failures in the operation of the well, particularly in the areas of planning and research. The report also delves into the specifics of what went wrong, revealing the loss of well control triggered an uncontrolled release of hydrocarbons, followed by the escape of oil and gas from the well that quickly found an ignition source.
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...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Have your oil & gas questions answered by industry experts.