Gasoline prices are high for consumers, but why don’t oil companies want to drill for more oil? There’s a good reason. Story...
By: Reuters – ConocoPhillips’ chief executive on Tuesday warned of looming crude oil shortages and price volatility, citing limited spare capacity among...
By: Reuters – Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is due to...
LONDON, July 18 (Reuters) – Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according...
By OilPrice.com – A few days ago, a rare event in the forex markets took place: for the first time in two decades,...
By: Humeyra Pamuk – Reuters – Major OPEC oil producers have spare capacity and are likely to boost oil supplies following President...
By: Mark Passwaters – Upstream Online – US oil and gas merger and acquisition activity declined in the second quarter, according to...
Big Oil majors in the United States have found themselves the target of much pressure to boost production lately, as prices go...
ELLEN CHANG, The Street.com. As a lengthy heatwave sears Texas, the state’s power grid operator is struggling to meet demand, forcing it...
By: Kristin E. Gibbs – Reuters – Increasing exports of U.S. natural gas due to geopolitical concerns has put a spotlight on...
The Strategic Petroleum Reserve was created to protect the U.S. from severe disruptions to the global oil supply. But many environmental advocates argue that relying on it to manage shortages is only a stopgap measure https://t.co/bBxfdgSwRp
— National Geographic (@NatGeo) March 20, 2022
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
Operators across the Lower 48 are entering a pivotal new phase of development, where...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
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