Record high prices at the fuel pump aren’t slowing Americans down. By Justin Jacobs, Energy Source newsletter from The Financial Times –...
By: Reuters – Excelerate Energy Inc, founded by oil and gas tycoon George Kaiser, plans to raise up to $384 million through...
By: Mitchell Ferman – The Texas Tribune – Russian hackers have been probing Texas’ energy infrastructure for weak points in digital systems...
Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But...
By: NPR – President Biden is expected to announce on Thursday a plan to draw 1 million barrels of oil per day...
By: Oilprice.com – How quickly fortunes can change in the oil and gas business. Last year, U.S. oil and gas companies were...
By: Reuters – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go...
By: Weishen Tan – CNBC – There’s been a “significant uptick” in Russian oil deliveries bound for India since March after Russia’s...
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, oil companies and...
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to...
U.S. energy firms this week cut the number of oil rigs even as Russia's invasion of Ukraine drove crude prices to their highest since 2008.
U.S. oil rigs fell three to 519 in the week to March 4, their first weekly decline since January, while gas rigs rose three to 130, their highest since December 2019, energy services firm Baker Hughes Co said in its closely followed report on Friday.
Most of the decline in oil rigs was in the Woodford shale in Oklahoma, which offset an increase in the largest U.S. oilfield in the Permian Basin, the data showed. The Ardmore Woodford fell to no activity with the loss of its only rig while the Arkoma Woodford declined by one, leaving two active rigs. The Cana Woodford was unchanged at 28 rigs.
Reuters - U.S. natural gas futures gained about 6% to a one-month high on Friday as the U.S. market continued to follow massive price swings in global gas and oil trading with the Russia-Ukraine conflict stoking energy supply concerns.
Front-month gas futures rose 29.4 cents, or 6.2%, to settle at $5.016 per million British thermal units (mmBtu), their highest close since Feb. 2.
That put the contract up about 12% this week, the first time it rose for three weeks in a row since October 2021.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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