The Dallas Morning News – Dallas City Hall owes gas driller Trinity East Energy $44.5 million — and counting. That’s according to...
Bloomberg – Troubled oil and gas companies may have a hard time persuading their banks to keep extending credit as the outlook...
EIA – U.S. natural gas consumption increased by 3% in 2019, reaching a record of 85.0 billion cubic feet per day (Bcf/d), according...
S&P Global Platts – Multiple operators in the SCOOP/STACK look to cut capital expenditures and oil and gas production volumes in 2020...
S&P Global – With the Super Tuesday primaries set for this week, the race for the Democratic presidential nomination is shifting into...
By Chris Baltimore Argus Media – A rising shift to “neat” barrels from cocktail-like crude blends at the Louisiana infrastructure hub at...
Bloomberg – Chesapeake Energy Corp.’s options for dealing with its towering debt load are shriveling as the natural gas driller seeks to auction...
Pittsburgh Business Times – Cabot Oil and Gas Corp. CEO Dan O. Dinges on Friday questioned why other drillers are continuing to...
Chris Casteel The Oklahoman – As Democratic presidential candidates court Oklahomans for votes, some are calling for measures that would sharply curtail...
Reuters – South Korea is on track to overtake Canada as the top buyer of U.S. crude oil in 2020 as a...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
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...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
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...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
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