by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy team late Monday, Rystad warned that, in the...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in a Stratas report sent to Rigzone by the...
As oil prices sink to their lowest levels in four years and the risk of a global recession grows, Canadian oil and...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former headquarters in San Ramon, California, as part of...
Story by Darrell Proctor | PowerMag.com | Officials in Pennsylvania have announced the redevelopment of a former coal-fired power plant site into...
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...
Energy firms this week increased the number of U.S. oil and gas rigs but cut the count in August for the first time in 25 months, even as oil prices remain relatively high.
The total oil and gas rig count, an early indicator of future output, rose three to 765 in the week to Aug. 26, energy services firm Baker Hughes Co said in its closely followed report on Friday.
Oil rigs rose four to 605 this week, while gas rigs fell one to 158.
In August, the combined oil and gas count was down two rigs after rising for a record 24 months in a row.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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