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...
By: David French – Reuters – A group of oil and gas “mini-majors” are emerging among U.S. shale producers, built from aggressive...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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