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Three local men including a former Continental Resources employee who were accused of diverting unclaimed royalties to enrich themselves recently pleaded guilty...
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By: David French & Arathy Nair – Reuters – ConocoPhillips (COP.N) is offering to sell about $500 million in conventional oil and gas...
Press Release – US DOJ – Devon Energy Corporation, an Oklahoma-based oil and natural gas exploration and production company, and its affiliates,...
By: Reuters – Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80, as a...
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.
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By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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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