Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs have contributed to lower interest expenses for some...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has quietly exited a massive deepwater oil project off...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US oil companies during a visit to Oklahoma, saying...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional energy flows and geopolitical alignments. The agreement includes...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing stable oil production of over 200 million tons...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone by the EBW team on Tuesday, Eli Rubin,...
In a stark reminder of the volatile energy landscape and the relentless drive for operational efficiency, ConocoPhillips has confirmed plans to cut...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating a complex economic landscape shaped by new tariffs...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter ceasefire that President Vladimir Putin announced, with both sides...
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.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
West Texas holds a treasure trove of natural gas that could become a critical...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
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