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...
By: David French – Reuters – A group of oil and gas “mini-majors” are emerging among U.S. shale producers, built from aggressive...
By: Frank Morris – Kansas News Service via Hays Post – To understand why oil prices are high today, you have to...
From OK Energy Today: With crude oil prices reaching well more than $100 a barrel, a result of Russia’s invasion of Ukraine,...
By: Justin Worland – TIME – As gas prices spike for American drivers, fossil fuel boosters have slammed President Joe Biden for...
By: Andreas Exarheas – RigZone – Russia will have to shut-in oil production as it will be unable to sell all the...
History is being made this month and not in a good way. Whether you’re a Republican, Democrat, or Independent, you can’t be...
By: Bozorgmehr Sharafedin – Reuters – The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at...
Shell plc has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas, and...
Sept 8 | U.S. energy firms this week increased the number of oil rigs operating for the first time since June while cutting the natural gas rig count, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose by one to 632. Despite this week's rig increase, Baker Hughes said the total count was still down 127, or 17%, below this time last year.
U.S. oil rigs rose one to 513 this week, while gas rigs fell by one to 113, their lowest since January 2022. Miscellaneous rigs gained 1.
After oil and gas prices soared following Russia's invasion of Ukraine last year, the U.S. rig count climbed to 784 by November 2022, but has since slumped by about 19% as prices fell earlier in the year.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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