By: Ahmad Ghadder, Alex Lawler, Nidhi Verma – Reuters – OPEC’s secretary-general said on Tuesday he was cautiously optimistic the oil market...
An exceptional story on how President Biden and his new administration may change Oklahoma Energy, by Jack Money – The Oklahoman. Presidential...
By: The Highland County Press – The Ohio Marketable Title Act (MTA) and the Ohio Dormant Mineral Act (DMA) provide separate procedures,...
By: Avi Salzman – Barrons – Oil and gas companies could face more stringent regulations under Democratic control of the White House...
By: Nichola Groom – Reuters – The Trump administration on Thursday will offer the oil and gas industry a final chance to...
By: Camille Erickson – Casper Star Tribune – A new survey published by the Federal Reserve Bank of Kansas City on Friday revealed...
By: Bozorgmehr Sharafedin – Reuters – Almost one in three workers in the oil and gas industry faced pay cuts in 2020,...
HART ENERGY, by Emily Patsy. Northern Oil and Gas Inc. expanded its footprint in the Permian Basin during fourth-quarter 2020, the company...
By: Janet McGurty – S&P Global Platts – Phillips 66 is moving its emerging energy operations to a separate segment, which will...
By: Dan Eberhart – Forbes – Saudi Arabia’s decision Tuesday to cut an additional 1 million barrels a day of production in February...
The Federal Reserve on Thursday voted to cut its benchmark interest rate by quarter-percentage point to a range of 4.5%-4.75%. The move follows an outsized half-point cut in September.
The Fed is reducing rates to protect the labor market while keeping inflation on a cooling trend. In a statement, the Fed said it would assess the economic data when considering future easing.
Uncertainty over the path of Fed policy has risen since President-elect Donald Trump's victory on Tuesday.
Traders in the federal funds futures market now see a 33% chance of a pause at the Fed's next meeting in mid-December. Before Election Day, the odds were much smaller.
Diamondback Energy, the largest independent oil and gas producer in the Permian Basin, has warned that the U.S. shale industry may be repeating past mistakes of unsustainable growth. The company plans to limit its own output growth to 2% next year, emphasizing the need for financial discipline over aggressive production expansion.
Diamondback's CFO, Kaesa Van't Hof, cautioned that other companies' focus on lowering break-even costs to justify growth has "gotten this industry in trouble in the past" and may be leading the industry back down a problematic path. The broader shale sector is closely monitored, as rising U.S. production has put pressure on OPEC, leading the cartel to delay a planned production increase. Some producers, such as Matador Resources and ConocoPhillips, have already raised their production guidance, but Diamondback aims to prioritize free cash flow over capital expenditure growth.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
President Donald Trump used his address at the United Nations General Assembly this week...
Natural gas remains the leading source of electricity generation in the United States, but...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
West Texas holds a treasure trove of natural gas that could become a critical...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
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