🟢 US oil and gas companies are expected to prioritize shareholder returns and limit spending in 2025. 🟢 They will likely focus...
U.S.-based Diversified Energy has announced a definitive agreement to acquire Maverick Natural Resources from EIG Global Energy Partners for approximately $1.275 billion,...
Story By Imma Perfetto | Originally published by Cosmos | In new insight into the effects of artificial underwater structures on marine...
Tsvetana Paraskova | OilPrice.com | President Trump’s ‘drill, baby, drill’ policy promises to unleash a new boom in U.S. oil and gas...
President Donald Trump wasted no time reversing the country’s energy policies upon taking office, issuing a series of directives that largely backed...
Story By Arpan Rai | Ukrainian officials welcomed Donald Trump’s threat to sanction Russia harder, suggesting punitive measures against Russian oil and gas could run down Vladimir...
By Bloomberg|Joumanna Bercetche, Anthony Di Paola. | China is still driving growth in global oil demand, the head of Saudi Aramco said,...
Argentina concluded 2024 with its largest energy trade surplus in nearly two decades, according to data released by the nation’s energy secretariat...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not been shy about his interest in “purchasing” Greenland,...
Story by Andreas Exarheas| RigZone.com | Donald J. Trump issued a raft of energy orders during his first day as the 47th President...
(Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, 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, rose by four to 592 in the week to February 21.
Despite this week's rig increase, Baker Hughes said the total count was still down 34, or 5% below this time last year.
Baker Hughes said oil rigs rose by seven to 488 this week, their highest since September, while gas rigs fell by two to 99.
Drillers added five rigs in Oklahoma, bringing the total count to 49, the highest since May 2023, while in West Virginia, they added one rig, bringing the total to 11, the highest since August 2023.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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 Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Have your oil & gas questions answered by industry experts.