By: Geoffrey Morgan – Financial Post – CALGARY – While companies drilling for oil and gas have shrunk in recent years, RS...
Texas Monthly—writer-at-large Loren Steffy’s new book, George P. Mitchell: Fracking, Sustainability, and an Unorthodox Quest to Save the Planet (Texas A&M University Press), is...
Adrian Hedden, Carlsbad Current-Argus—Residents have two weeks to file comments on the federal BLM’s February 2020 sale of leases of New Mexico...
John Kemp – Reuters– By early last week, hedge funds had become the most bearish toward oil prices since the start of...
Oklahoma State University has announced that a conference table used daily by the late legendary philanthropist T. Boone Pickens will be lent...
Reuters – U.S. shale producer Parsley Energy Inc on Monday agreed to buy smaller peer Jagged Peak Energy Inc in an all-stock...
The Journal Record – Thanks in large part to the unprecedented success of Oklahoma’s natural gas producers, the United States is set...
By Kelly Gilblom – Bloomberg – When BP Plc announced its historic exit from Alaska, Chief Executive Officer Bob Dudley pointed to...
Forbes – Jude Clemente – Ever since the U.S. shale revolution took flight in 2008, it’s been a consistent theme: not just...
By Jennifer Hiller, Reuters – MIDLAND, Texas––Chevron Corp. is turning to joint ventures and drilling alliances in its bid to dominate the...
The energy sector is off to a mixed-to-lower start, looking past strength in the crude complex and pressured by mild weakness in the major equity indices. U.S. stock index futures extended declines as a stronger-than-expected job report signaled labor market resilience, dampening hopes of interest rate cuts next year.
WTI and Brent crude oil futures are up over 2% in early trading despite worries about a supply surplus and weak Chinese demand. However, prices rebounded after Saudi Arabia and Russia lobbied OPEC+ members to join output cuts. Saudi Arabia and Russia called for all OPEC+ members to join an agreement on output cuts for the good of the global economy, only days after a fractious meeting of the producers' club. OPEC+ agreed to a combined 2.2 million bpd in output cuts for the first quarter of next year. Meanwhile, Chinese customs data showed its crude oil imports in November fell 9% from a year earlier as high inventory levels, weak economic indicators and slowing orders from independent refiners weakened demand.
Natural gas futures are trading slightly lower as the NOAA's 6-10 day outlook shows above-normal temperatures for the West coast through the Great Plains to the Great Lakes and southern FL. Near-normal temps are seen across southeastern NM, TX, and along much of the eastern US.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
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