By: Starr Spencer – S&P Global Platts – Marathon Oil is returning to limited operations in Oklahoma and the Permian Basin’s western...
By: Reuters – (EQT.N), the largest U.S. natural gas producer, said on Thursday it will buy Appalachian basin rival Alta Resources for $2.93...
By: Ashton Eley – El Dorado News Times – Nearly 80% of Arkansas’ more than 47,300 oil and gas wells sit spent...
By: David Blackmon – Forbes – A recent report by the consulting/analytical firm Wood MacKenzie projects what would appear to be devastating impacts on...
By: Jack Money – The Oklahoman – You can pay me now or pay me later for the energy you use. That’s...
By: Shariq Khan – Reuters – Chesapeake Energy Corp (CHK.O), which exited bankruptcy in February, is working with two banks on a...
By: John Flesher & Matthew Brown – AP – Months after President Joe Biden snubbed Canadian officials by canceling Keystone XL, an...
By – Liz Hampton – Reuters – Pioneer Natural Resources’s first-quarter results will be hit by a $691 million loss on oil...
Bloomberg — After one of the most difficult years in the oil industry’s history, crude prices have recovered and major producers are...
From The Guardian – California’s governor has moved to ban new fracking permits by 2024 and halt all oil extraction by 2045....
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to February 14.
Despite this week's rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year.
Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101.
The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on paying down debt and boosting shareholder returns rather than raising output.
Top oilfield services provider SLB is restructuring certain business functions and expecting more job cuts, according to a source familiar with the matter and an internal email seen by Reuters.
by Andreas Exarheas|RigZone.com| A fact sheet posted on the White House website on Tuesday stated...
On Monday, President Donald Trump reignited the energy debate by announcing a bold new...
By Julianne Geiger for Oilprice.com | Despite Trump’s full-throttle push to “unleash” U.S. energy,...
In a significant move within the energy sector, Elliott Investment Management, one of the...
US Energy Development Corporation (USEDC) is gearing up for a big year in 2025...
by Lucia Kassai – (Bloomberg) — US oil refiners along the Gulf Coast are...
By Felicity Bradstock | OilPrice.com | Several U.S. oil and gas companies have warned that...
El Paso billionaire Paul Foster and his partners at Franklin Mountain Energy (FME), a...
By Darren Barbee | Hart Energy, via Yahoo News | ConocoPhillips Co., looking to shed...
By Simon Watkins for Oilprice.com |Following the sudden removal of longtime Syrian President Bashar...
by Bloomberg|Kari Lundgren| The first ship in a 30 billion-kroner ($2.7 billion) plan to store...
By Felicity Bradstock for Oilprice.com | President Trump has been emphatic about his support for...
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