By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made up their mind whether the new U.S. administration...
by Lucia Kassai – (Bloomberg) — US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to...
In a significant move within the energy sector, Elliott Investment Management, one of the world’s most prominent activist hedge funds, has acquired...
On Monday, President Donald Trump reignited the energy debate by announcing a bold new energy partnership with Japan that could reshape the...
By Lucia Kassai |BNN Bloomberg | Slowing U.S. oil-production growth is casting a pall over projects intended to expand crude shipments to overseas...
By Darren Barbee | Hart Energy, via Yahoo News | ConocoPhillips Co., looking to shed debt after its $22.5 billion acquisition of Marathon Oil Corp.—a deal...
By Felicity Bradstock for Oilprice.com | President Trump has been emphatic about his support for oil and gas throughout his electoral campaign and...
by Bloomberg|Kari Lundgren| The first ship in a 30 billion-kroner ($2.7 billion) plan to store emissions under the North Sea arrived in Norway...
By Julianne Geiger for Oilprice.com | Despite Trump’s full-throttle push to “unleash” U.S. energy, Permian oil producers are keeping their foot on...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025 with plans to invest up to $1 billion...
Benchmark U.S. crude oil for February delivery fell 12 cents to $71.65 per barrel Friday. Brent crude for March delivery fell 11 cents to $77.04 per barrel.
Wholesale gasoline for January delivery rose 1 cent to $2.10 a gallon. January heating oil fell 1 cent to $2.55 a gallon. February natural gas fell 5 cents to $2.51 per 1,000 cubic feet.
Brazil’s oil and gas production reached in November its highest level ever for a single month, data from oil regulator ANP showed on Thursday, eclipsing the previous record set in September.
Oil and natural gas production totaled 4.698 million barrels of oil equivalent per day in the period, ANP said in a statement, with oil output alone rising 18.8% year-on-year to 3.678 million barrels per day.
Natural gas production jumped 15.5% to 162.12 million cubic meters per day, the regulator added.
A federal safety board on Tuesday shared findings of a devastating oil and gas well blowout that occurred three years ago in Burleson County.
The incident, which occurred on January 29, 2020, resulted in the death of three contract workers and left a fourth severely injured.
The Daniel H. Wendland 1-H well, operated by Oklahoma-based Chesapeake Energy, was the location of the deadly flash fire that was felt throughout Burleson County and neighboring communities.
The U.S. Chemical Safety Board, in its comprehensive report, points to critical failures in the operation of the well, particularly in the areas of planning and research. The report also delves into the specifics of what went wrong, revealing the loss of well control triggered an uncontrolled release of hydrocarbons, followed by the escape of oil and gas from the well that quickly found an ignition source.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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....
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