A Denver-based oil and gas company that’s backed by a trio of major private equity funds is poised to become publicly traded,...
By: Liz Hampton – Reuters – Shale oil and gas producer APA Corp (APA.O) on Monday said it has ended routine gas flaring...
By: David Wethe, Kevin Crowley, and Sergio Chapa – Bloomberg – Oil prices above $80 a barrel are once again spurring a...
By: John M. Nelson – Haute Lawyer – After two years of negotiations, Ovintiv Inc. has agreed to pay $19.5 million to...
By: Josyana Joshua – BNN Bloomberg – Low-carbon fracking—as oxymoronic as it sounds—is gaining traction across the U.S. But since it still...
By: Mella McEwen – Midland Reporter-Telegram – In recent years, Tim Dunn, chief executive officer of CrownQuest Operating, has seen public companies...
Three local men including a former Continental Resources employee who were accused of diverting unclaimed royalties to enrich themselves recently pleaded guilty...
By: Judith Kohler – The Denver Post – The recovering economy is driving up natural gas prices, which could boost energy companies’...
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,...
Spanish oil company Repsol is under investigation by the country's antitrust watchdog over possible abuse of its dominant position in the nation's wholesale fuel market.
The company may have abused of its dominance of the wholesale market between March and December 2022 to increase its petrol station network's market share, the CNMC watchdog said in a statement on Tuesday.
The CNMC statement said that Repsol, Spain's largest oil company, may have offered additional discounts at its petrol stations while raising wholesale prices for rivals such as independent petrol stations.
The investigation was opened after complaints were filed by two associations representing independent fuel station operators.
The New Mexico State Land Office reported Tuesday a record $2.75 billion in revenue for Fiscal Year 2023, which ran from July 1, 2022 to June 30, 2023.
This was the second time in its history the land office raised more than $2 billion, read an announcement, reporting revenue of $2.4 billion in FY 2022.
Of the funds raised in FY 2023, records show about $2.6 billion, or 96.8 percent came from oil and gas sources, including royalty payments, rental fees and other costs paid by oil and gas operators to produce on State Trust land.
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.56 per barrel Friday. Brent crude for February delivery fell 32 cents to $79.07 per barrel.
Wholesale gasoline for January delivery fell 3 cents to $2.13 a gallon. January heating oil fell 4 cents to $2.66 a gallon. January natural gas rose 4 cents to $2.61 per 1,000 cubic feet.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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