Global Oil Giants– the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to...
Jordan Blum, Houston Chronicle — The U.S. shale industry is finally learning to live within its financial means, shrinking to survive amid...
Camille Erickson~ Casper Star Tribune – Responding to a historic influx of drilling requests, Wyoming’s Oil and Gas Conservation Commission voted Tuesday to...
EIA OIL AND NATURAL GAS REPORT Global liquid fuels oil Brent crude oil spot prices averaged $60 per barrel (b) in October,...
Rachel Adams-Heard – Bloomberg – Billionaires are circling the distressed U.S. oil and gas patch, looking to pick up assets on the...
Simon Flowers – Forbes – Buying oil and gas assets in a downturn – it’s been a golden opportunity that’s been readily...
Denver Business Journal – Colorado is approving less than half the number of oil and gas well locations and new drilling permits...
By Liz Hampton – Reuters —The companies that provide sand for hydraulic fracturing operations are the latest casualties of shale industry cutbacks...
The Wall Street Journal – After pushing U.S. oil and natural-gas shale production to record levels, some shale companies are doing the...
Yahoo Finance—A few high-profile shale executives say the glory days of shale drilling are over. In a round of earnings calls, the...
Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
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...
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