The Biden administration on Friday unveiled its most extensive sanctions package yet against Russia’s oil and gas revenues, aiming to pressure Moscow...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers in the Permian Basin, with deals exceeding (100...
Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly over the past month, particularly among hedge funds. That’s...
When it comes to leasing oil and gas mineral rights, mineral owners often find themselves navigating complex transactions that can feel overwhelming....
The Biden-Harris administration is taking a notable step to safeguard northeast Nevada’s Ruby Mountains by proposing a temporary freeze on new oil,...
Thomas Baker “Tom” Slick Sr., born on October 12, 1883, in Shippenville, Pennsylvania, emerged from humble beginnings to become one of America’s...
“The new administration will lift regulations, stop subsidizing green energy and seek LNG build-outs to place more demand on natural gas,” By...
When conflicts erupt, the fighting doesn’t always unfold on battlefields. Sometimes, it happens across negotiation tables, along energy pipelines, or in the...
President Joe Biden is on track to enact a permanent ban on future offshore oil and gas drilling in certain parts of...
Minot Daily News | BISMARCK – A recently completed case study evaluating the middle Three Forks reservoir within the Bakken Petroleum System...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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...
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...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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