Dom DiFurio, Dallas Morning News – Pioneer Natural Resources laid off 230 employees Tuesday as the Irving-based driller works to cut $100...
Red Wolf Natural Resources, LLC (“Red Wolf”), a newly formed oil and gas exploration and production company, today announced it has acquired...
Over 10 years ago, in 2008, the natural gas-heavy San Juan, centered around the town of Farmington, was the hot oil and...
Michel Thomas Halbouty (21 June 1909 in Beaumont, Texas – 6 November 2004 in Houston, Texas) was an American geologist, petroleum engineer, and wildcatter. Credited with discovering more than...
NEW YORK (Reuters) – U.S. oil output from seven major shale formations is expected to rise by about 83,000 barrels per day...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. US rig...
Affidavits of Death and Heirship – Statutory Requirements for Marketability By: Jordan D. Volino, Esq. and J. David Hampton, B.A., J.D. During the...
Chevron said Thursday it will not submit a new offer to acquire Anadarko Petroleum, walking away from the deal after Occidental Petroleum pulled ahead in a...
Oklahoma City-based Continental Resources filed a petition on May 1st, in District Court in Oklahoma County, alleging that multiple defendants and former...
The number of drilled but uncompleted wells in the United States continues to climb Source: U.S. Energy Information Administration, Drilling Productivity Report The number...
The energy sector is off to a lower start, pressured by weakness in the major equity futures as market participants are worried about a higher-for-longer interest rate environment.
WTI crude oil futures are higher and outpacing Brent crude contracts in negative territory as traders weigh in an uncertain outlook for global demand, geopolitical tensions, and positive economic data from China. There was no settlement for WTI on Monday due to Presidents Day, but crude futures were moderately lower amid a quiet session as demand concerns were in focus. In China, tourism revenue during the Lunar New Year holiday (ended Saturday) rose by over +47% y/y, surpassing pre-covid levels. The government today announced its largest-ever reduction in the benchmark mortgage rate to support the housing market. As attacks on ships in the Red Sea continue, the Iran-aligned Houthis hit at least four more vessels since Friday. According to Reuters, the United States has proposed a draft calling for a temporary ceasefire in the Israel-Hamas war which opposes a major ground offensive by its ally Israel in Rafah.
Natural gas futures are lower as the NOAA 6-10 day forecast on Monday afternoon puts a high probability of temperatures everywhere East of the Mississippi running above normal.
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...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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