Oil futures ended lower for the third month in a row in August to tally their longest streak of monthly losses in...
By: Cathy Bussewitz – AP – As winter nears, European nations, desperate to replace the natural gas they once bought from Russia,...
HART ENERGY: The Permian Basin’s economic impact on Texas and the nation is growing—thanks to both its natural and renewable energy resources....
From The New York Times. California made history late last week when its regulators approved an ambitious plan to phase out the...
By: Associated Press – A team from the U.N. nuclear watchdog on Monday started its journey to the Zaporizhzhia atomic power plant...
OilPrice.com. Oil and gas supermajors are on course to repurchase their shares at near-record levels this year thanks to soaring oil and...
(Bloomberg) — Progress toward an Iranian nuclear deal has thrown the spotlight onto a sizeable cache of crude held by Tehran that...
(Bloomberg) — The lights go off and the French chanson music suddenly cuts out. The morning buzz inside the Image Café in...
By: Megan Rodriguez – San Antonio Express News – Timothy Davis said his overall utility bill from New Braunfels Utilities is double...
From USA Today. More than 20 million households – about 1 in 6 American homes – are currently behind on their utility...
Hundreds of people gather for a "Stand With Ukraine" rally in Times Square on Saturday. Ukrainians, Ukrainian Americans and allies gathered to show support for Ukraine and protest against the Russian invasion. https://t.co/PLTXijReLj
📸: Alexi Rosenfeld/Getty Images pic.twitter.com/iQcsIWBkJy
— CBS News (@CBSNews) February 26, 2022
U.S. energy firms this week added oil and natural gas rigs for an eighth week in a row, with the rig count rising for a record 19th month in a row, as crude prices soared beyond $100 a barrel for the first time since 2014.
The oil and gas rig count, an early indicator of future output, rose five to 650 in the week to Feb. 25, its highest since April 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.
In February, the total oil and gas rig count rose by 40, putting the count up for a record 19th month in a row.
Oil rigs rose by 27 in the month, increasing for an 18th consecutive month, and gas rigs were up 12 in the month, growing for a sixth straight month.
U.S. oil rigs rose two to 522 this week, their highest since April 2020, while gas rigs rose three to 127, their highest since December 2019.
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Have your oil & gas questions answered by industry experts.