By Collin Eaton, HOUSTON (Reuters)–Medium-sour crude from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for...
What is forced pooling? Compulsory pooling, also known as forced, statutory or mandatory pooling, forces landowners —who do not wish the mineral...
By David Wethe – (Bloomberg) — An obscure Texas company has bid $450 million to acquire the Hanging H Ranch in one...
Wall Street Journal – By Becky Yerak –White Star Petroleum LLC, founded by late oilman Aubrey McClendon, filed Tuesday for chapter 11, days...
By Marsha Breazeale – Oilpatchpress.com When the decimal on your check for a gas well does not match the decimal on the...
Tom Metcalf just penned an article this week at Bloomberg, comparing the wealth of John D. Rockefeller, the oil magnate usually considered...
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...
The Israeli military said on Saturday that it had killed Hassan Nasrallah, the longtime leader of Hezbollah, in an airstrike on the organization’s underground headquarters near Beirut on Friday. Hezbollah has not commented on the Israeli claim.
The announcement came after Israeli forces launched a series of new airstrikes in the same Hezbollah-dominated area, known as the Dahiya, sending more residents fleeing for safety. Israel’s military said the strikes were intended to destroy Hezbollah weapons caches.
The U.S. stock market closed mixed Friday, with the Dow Jones Industrial Average finishing at a record peak after investors parsed fresh data showing inflation continued to cool in August.
The Dow Jones rose 137.89 points on Friday, or 0.3%, to close at 42,313, notching its 32nd record close of the year.
The S&P 500 slipped 7.2 points, or 0.1%, to finish at 5,738.17.
The Nasdaq Composite shed 70.70 points, or 0.4%, to end at 18,119.59.
For the week, the Dow and S&P 500 each gained 0.6% while the technology-heavy Nasdaq climbed 1%. All three major U.S. stock benchmarks booked a third straight week of gains.
On Friday, destruction from Tropical Storm Helene stretched nearly 800 miles from South Florida into the mountains of Appalachia. The huge storm spawned flash floods and mudslides on its dash inland after bashing the Gulf Coast.
In the densely populated Tampa Bay region, neighborhood after neighborhood was underwater, resulting from a powerful storm surge. And across North Carolina, over two million people were under flash flood warnings at midday Friday.
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
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...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
Have your oil & gas questions answered by industry experts.