By: Reuters – Marathon Petroleum (MPC.N) has agreed to sell its Speedway gas stations in the United States to Japanese retail group...
By: Scott Carpenter – Forbes – U.S. shale oil and gas producer Apache APA -1.4% Corporation has turned its focus to international investments after...
The Guardian – Royal Dutch Shell has reported a deep financial loss after a record writedown on the value of its oil...
By: Art Berman – Forbes – Oil production from the Bakken oil fields of North Dakota fell to a 7-year low of...
The Street – Denbury Resources (DNR) – shares rose Wednesday, after the oil and natural gas producer unveiled a prepackaged Chapter 11 bankruptcy...
By: Wood Mackenzie – Forbes – As Biden nudges ahead in the polls, the US oil and gas industry should prepare for...
By: Sergio Chapa – Houston Chronicle – Drilling rig towers may soon break the horizon of Lake Somerville, a popular reservoir 90...
CNBC – Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told...
By: Bryan Gruley, Kevin Crowley, Rachel Adams-Heard, and David Wethe – Bloomberg – Twenty years ago, before the U.S. oil industry became...
Houston Chronicle – Banks are selling off loans and cutting credit lines to oil and gas companies to reduce their risk of...
U.S. energy firms this month cut the most oil and natural gas operating since August, even as the rig count remained unchanged this week, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, held steady at 600 in the week to May 31, 96 rigs, or 14%, below this time last year.
Oil rigs fell by one to 496, while gas rigs rose by one to 100.
In May, the total number of oil and gas rigs fell for the third month in a row, dropping by 13, the most in a month since August.
The number of oil rigs active in May fell by 10, its first monthly decline since January and the biggest monthly cut since September.
The number of gas rigs operating in May declined by five, the first time it has fallen in three months since July 2020.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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 Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
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