By: Sergio Chapa – Bloomberg – Chesapeake Energy Corp., the once-iconic energy explorer that helped ignite the American shale-gas boom, is emerging...
By: Irina Slav – OilPrice.com – “There is no scenario where hydrocarbons disappear,” the chief executive of Baker Hughes, Lorenzo Simonelli, said...
By: Scott DiSavino – Reuters – U.S. drillers this week added oil and natural gas rigs for an 11th week in a...
By: Paul Takahashi – Houston Chronicle – Nearly 60,000 oil exploration and production jobs in Texas were lost in 2020, a staggering...
By: Jennifer A. Dlouhy – Bloomberg – The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without...
By: Bryce Erickson – Forbes – The recent rise of oil prices returning to over $50 per barrel is a welcome sign...
By: Derek Brower and Myles McCormick – Financial Times – Smaller, slower, and more profitable. These are the watchwords for Chesapeake Energy...
By: Victoria Cavaliere – Business Insider – Exxon and Chevron discussed merging the oil companies last year, a move that would have...
By: Starr Spencer – S&P Global Platts – The US oil and gas rig count jumped climbed 12 to 442 in the...
By: Andrew Baker – NGI – Lower 48 oil and gas producers have drawn down their inventory of drilled but uncompleted (DUC)...
Brent settled more than 7% lower last week, while WTI lost around 8%. Those were the contracts' most significant weekly declines since Sept. 2, due to slowing economic growth in China and falling risk premiums in the Middle East.
Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up operations against Palestinian militants, medics said. Israel also carried out targeted strikes on sites belonging to Hezbollah's financial arm in Lebanon.
U.S. stocks closed mostly lower on Monday, as 10- and 30-year Treasury yields ended at almost three-month closing highs.
The Dow Jones Industrial Average fell 344.31 points, or 0.8%, to end at 42,931.60, snapping a three-day winning streak, according to the FactSet data. The index logged its largest one-day point and percentage decline since October 7, 2024.
The S&P 500 shed 10.69 points, or 0.2%, to finish at 5,853.98.
The Nasdaq Composite gained 50.45 points, or 0.3%, to close at 18,540.00
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
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