Source: U.S. Energy Information Administration, Petroleum Supply Monthly Annual U.S. crude oil production reached a record level of 10.96 million barrels per day (b/d) in 2018,...
S&P Global News ~ Anchorage, Alaska — Hilcorp Energy has started production at its new Moose Pad viscous oil project in the Milne...
By Rachel Adams-Heard HOUSTON (Bloomberg) — Legendary wildcatter Floyd Wilson is back with his “ninth or tenth” oil company, after his departure from...
By Tom DiChristopher – CNBC News — ConocoPhillips on Thursday announced it has struck an agreement to sell its UK oil and gas...
NEW YORK/HOUSTON (Reuters) – Growing production of Texas super-light oil – and worries about its quality compared with other types of crude...
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CNBC —Chevron announced plans Friday to acquire oil and gas exploration and production company Anadarko Petroleum in a cash and stock deal valued at $33...
LONDON (Reuters) – One of the world’s biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders...
By Javier Blas —Bloomberg — Standing at the center of the prolific Permian Basin, Scott Hodges explains how the future of the world’s...
(Bloomberg) — For the last six years, Kevin Bowen has made good money selling sand to shale frackers who use it for...
More than a fifth of the remaining hostages being held in Gaza are dead, according to an internal assessment conducted by the Israeli military.
Israeli intelligence officers have concluded that at least 32 of the remaining 136 hostages captured by Hamas and its allies on Oct. 7 have died since the start of the war, according to a confidential assessment that was reviewed by The New York Times. The families of 32 hostages, whose deaths are confirmed, have been informed, according to four military officials who spoke anonymously in order to discuss a sensitive matter.
Tulsa’s Vital Energy, Inc. made another expansion of its Permian Basin holdings with a $78 million acquisition of producing wells from Midland, Texas operator Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC.
The purchase increases Vital Energy’s working interest in 54 producing, low-decline wells by an average of 67%, increasing the Company’s estimated 2024 production by approximately 1,850 BOE/d (51% oil) and estimated 2024 Free Cash Flow by approximately $25 million.
A sad day for Oklahoma, as it was announced that country music icon Toby Keith has died, his official website and social media accounts said early Tuesday, 18 months after he revealed he had stomach cancer. He was 62.
The "Should've Been a Cowboy" singer died Monday night surrounded by his family, a short statement said. "He fought his fight with grace and courage," it added.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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