Investing.com |The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, providing an insight into the state of the...
The Trump administration has taken another step toward expanding American crude oil production and exports, approving a second deepwater oil loading terminal...
By Georgina McCartney | HOUSTON (Reuters) – Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking a significant step in the country’s evolution into...
Story by Adam Kemp |PBS News| When Rhiannon Kymer opened the doors of her Oklahoma oilfield supply store in January, she was...
Diamondback Energy has announced a $4.08 billion cash-and-stock acquisition of select subsidiaries of Double Eagle IV Midco, LLC, a move that strengthens...
Story By Felicity Bradstock |OilPrice.com| President Trump has doubled down on his pledges to allow for more fossil fuel production and reign...
President Donald Trump’s declaration of a “national energy emergency” in early 2025 has sent ripples across the global energy landscape. His aggressive...
President Donald Trump announced Thursday that the United States is set to boost oil and gas exports to India, a move aimed...
By Andreas Exarheas |Rigzone.com| It may be that oil markets have not yet made up their mind whether the new U.S. administration...
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...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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