By: Offshore Technology – US private equity firm EnCap Investments is considering options to sell two bundles of oil and gas assets...
LOS ANGELES (AP) — A Texas oil company was granted permission to repair an underwater pipeline that ruptured off the coast of...
By: Reuters – Oil prices were on track for their first weekly gain in five on Friday, underpinned by the possibility that...
OK Energy Today – Ovintiv USA Inc., the company with a growing reputation for finding big producing wells in Oklahoma’s STACK play...
He wouldn’t phone Florida Gov. Ron DeSantis ahead of the arrival of Hurricane Ian to inquire about storm preparations, but President Biden...
By: Beck Connely – Enid News & Eagle – Oklahoma is set to receive a federal grant to begin addressing an orphaned...
STORY BY Mark Jaffe, THE COLORADO SUN. Vic Behrens drives the dusty, dirt roads of Adams and Arapahoe counties in Colorado looking...
By: Reuters – Rocketing LNG cargo prices have squeezed out dozens of smaller traders, concentrating the business in the hands of a...
By: Reuters – Hedge Fund managers anticipate an imminent recession that will hit consumption of middle distillates such as diesel especially hard,...
Story by Rachel Millard, The Telegraph. Bernard Looney, the boss of BP, was summoned by Whitehall within a day of Russia invading Ukraine....
Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes Co said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose three to 775 in the week to Jan. 13. That puts the total rig count up 174, or 29%, over this time last year.
U.S. oil rigs rose five to 623 this week, in their biggest build since November, while gas rigs fell two to 150, their lowest since May.
U.S. oil futures were down about 1% so far this year after gaining about 7% in 2022.
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...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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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