The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to...
ConocoPhillips is considering selling its gas-producing assets in the Anadarko basin of North Texas and Western Oklahoma, in the US, reported Reuters,...
HOUSTON (Reuters) –Occidental Petroleum on Wednesday outlined plans to advance its clean energy transition business, including spending between $800 million and $1...
JPMorgan Chase CEO Jamie Dimon told President Biden the White House needs to create a “Marshall Plan” to develop more domestic gas...
By: Adrian Hedden – Carlsbad Current Argus – A Houston-based oil and gas company sold off multiple Permian Basin properties to make...
By: Brittany Cronin – NPR – It might seem like a logical fix. With domestic gasoline prices surging this month, oil producers...
By: Samanth Subramanian – QUARTZ – Not for the first time, China is attempting to buy oil in yuan rather than dollars, and now...
March 16 (Reuters) – Privately held Red Bluff Resources LLC and its partner Bricktown Energy are working with an investment bank to...
The next move for oil prices could fall under a “good,” “bad,” or “ugly” scenario, according to BofA strategists. The three different...
By: Heather Richards – E&E News – Interior Department approvals to drill oil and gas wells on public lands have dropped significantly...
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.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
The oil and gas sector is undergoing a major digital overhaul, and data is...
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