By: Chase Woodruff – Colorado Newsline – As the global oil market continued to be rocked by the fallout from Russia’s invasion...
By: Andrew Baker – NGI – Diamondback Energy Inc. is aiming to keep oil production flat in the Permian Basin this year,...
By: Ron Bousso – Reuters – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end...
By: David Wethe & Shely Hagan – Bloomberg – State legislatures across the U.S. are drafting bills to prohibit business with finance...
Brigham Minerals, Inc., a leading mineral and royalty interest acquisition company, today announced record operational and financial results for the quarter and...
By: Bloomberg via YahooFinance – After watching big banks curtail lending and asset managers pare bets, fossil fuel producers are now losing...
By: Lina Saigol – Barrons – Germany halted the Nord Stream 2 gas pipeline as the European Union prepares to levy tough...
By: Ella Nilsen – CNN – The Biden administration has once again put a pause on new leases and permits for federal...
By: Bloomberg via Yahoo – The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil...
By: Liz Hampton – Reuters – With crude prices at their highest levels in years, U.S. oil drillers are trying to boost...
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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