By Simon Watkins for Oilprice.com |Following the sudden removal of longtime Syrian President Bashar al-Assad from office on 8 December, the new...
By Felicity Bradstock | OilPrice.com | Several U.S. oil and gas companies have warned that they will not be looking to increase production...
On February 1, President Donald Trump officially announced a broad set of tariffs that will hit imports from Canada and Mexico at...
Chris Mathews | Hart Energy, via Yahoo Finance | Diamondback Energy will drop down billions of dollars in mineral and royalty interests to its...
Infinity Natural Resources, Inc. (“Infinity”) has officially made its Wall Street debut, announcing the pricing of its initial public offering (IPO) at...
By Georgina McCartney (Reuters) – Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become...
Dealmaking in the U.S. oil and gas industry reached $105 billion in 2024 while the Permian lead the way. 2024 ranked as...
by Andreas Exarheas |RigZone.com| U.S. natural gas is dipping back on the fact that the weather forecast is warming up in the U.S....
The recent unveiling of DeepSeek, an AI model developed by a Chinese startup, has sent shockwaves through industries ranging from artificial intelligence...
🟢 US oil and gas companies are expected to prioritize shareholder returns and limit spending in 2025. 🟢 They will likely focus...
Devon (DVN) expects the deal to be immediately accretive to all relevant per-share metrics in the first year, including earnings, cash flow, free cash flow and net asset value.
The energy sector is set for a higher start supported by strength in the underlying commodities despite weakness in U.S equities. The major market futures are down as tech-driven optimism eased and as a rise in oil prices has increased existing concerns of a further rise in global inflation.
WTI and Brent crude oil are up in early trading on the easing of China’s COVID-19 restrictions and a possible strike by Norwegian oil workers. Oil futures are extending their upward trend despite economic data showing builds for crude and oil products as traders expect oil demand to pick up following China’s decision to end its COVID-19 related lockdowns. The API report showed U.S crude, gasoline and distillate inventories rose for the week ending June 3rd, which was largely ignored by the markets. Additionally, Norwegian oil workers plan to strike from June 12 if state-brokered wage meditation fails, potentially putting crude output at risk of shutdown. However, the Chief of the Lederne labor union says gas may not be affected as they will try to avoid hurting gas production, pointing out supply issues created by the war in Eastern Europe.
Natural gas futures have edged up this morning on a decline in output and forecasts for warmer weather and higher demand than previously expected.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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