By: Scott Carpenter – Forbes – In March 2016 Vicki Hollub, who had just become the CEO of major oil firm Occidental...
By: Susan Montoya Bryan – AP – New Mexico oil and gas regulators on Thursday adopted new rules to limit most venting...
By: Emma Newburger – CNBC – Fourteen states filed suit on Wednesday against President Joe Biden’s moratorium on new oil and natural gas leases on...
By: Kevin Robinson-Avila – Albuquerque Journal – New Mexico’s oil and gas industry survived the worst disruption in its history during the...
Total rigs engaged in the drilling for oil and gas in the U.S. increased for the week ending March 19, 2021, with the total...
By: Jonathan Saul & Laura Sanicola – Reuters – U.S. refiners are scaling back on hiring ships for longer periods to save...
By: Justin Jacobs and Derek Brower – Financial Times – The world’s most powerful oilman is betting big against America’s shale industry. ...
By: Samantha Subin – CNBC – When a raging snowstorm and frigid temperatures hit Texas last month, oil and gas behemoths responsible...
By: Brandon Evans – S&P Global Platts – The US Department of the Interior delved deeper into its review of federal minerals,...
By: David Blackmon – Forbes – Moving into the next boom time for the domestic U.S. shale oil and gas business doesn’t...
Exxon Mobil Corp. on March 2 said it will further slash expenses and its oil and gas production portfolio to boost returns, but offered no updates on shareholder returns.
The company began its annual update to investors a day after disclosing it would exit its last Russian operations in response to the invasion of Ukraine that sent oil prices to their highest level in eight years.
Exxon Mobil said it expects to cut annual costs by $9 billion in by 2023, $3 billion more than a previous target, in a drive to quickly pay down debt taken on during the pandemic and double earnings by 2027, over 2019 levels.
World crude oil prices soared Wednesday as Russian soldiers expanded their invasion of Ukraine, pounding civilian and residential areas of cities and increasing the number of dead.
Global benchmark Brent crude futures peaked at nearly $114 a barrel, then settled up $7.96 or 7.6% at $112.93 on ICE Futures Europe. It was Brent’s highest close since June 2014 as the global benchmark rose more than 15% this week.
Here in the states, West Texas Intermediate crude climbed as high as $112.51 a barrel before finishing the day up $7.19 or 7% at $110.60 a barrel on the New York Mercantile Exchange. It was the highest mark for US crude oil since May 2011.
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Whether the weakness persists will show up first in structure and stocks: if spreads...
Operators across the Lower 48 are entering a pivotal new phase of development, where...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
In a rare win for both production and environmental performance, a new analysis by...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
Vortexa’s figures exclude oil in floating storage, defined as oil stored on stationary vessels...
Story By Charles Kennedy |OilPrice.com| Texas’ inventory of orphaned oil and gas wells has...
A high-stakes courtroom fight in Delaware has pitted bidders for the parent company of...
Have your oil & gas questions answered by industry experts.