Occupational licensing in the United States is on the rise. It has been estimated that up to 25% of jobs now require...
(Reuters) – WhiteWater Midstream LLC is exploring a sale that its private equity owners hope will value the U.S. oil and gas...
Nov 30 (Reuters) – U.S. crude oil output hit a new all-time high of 11.5 million barrels per day in September, according...
Idaho’s oil and gas regulators agreed to a settlement Wednesday with a Texas oil producer Alta Mesa for failing to comply with...
(Bloomberg) — When Autry Stephens struck out on his own in 1996 to pursue oil riches, he named his one-rig outfit Big...
Holiday Rig Count Falls. In a week shortened by the Thanksgiving Holiday, the number of U.S. rigs drilling for oil fell for...
BY ASSOCIATED PRESS The State Land Office has set a record for its monthly oil and gas lease sale, generating more than $43...
Kimbell Royalty Partners, LP (NYSE: KRP) today announced the purchase of certain oil and gas royalty assets from certain affiliated sellers for approximately...
Oil & Gas Investor, by Emily Patsy ~Cimarex Energy Co. (NYSE: XEC) said Nov. 19 it will acquire Delaware Basin pure-play Resolute...
Oil prices have fallen sharply in November, but natural gas’ rise has been even more striking with prices for the heating fuel...
The energy sector is off to a higher start, supported by strength in major market indices with slight gains in the crude complex. U.S. stocks are higher as Chinese-based companies are leading the gains on optimism around easing regulatory crackdowns and on expectations for more demand as the country relaxes COVID-19 restrictions.
WTI and Brent crude oil are both up <$1 having fallen back from intraday highs. Prices initially jumped as Saudi Arabia raised crude prices for July and amid doubts that an increase of production from OPEC+ will help alleviate tight supply issues. Saudi Arabia raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns over tight supply and increased demand this summer. The selling price of $6.5 a barrel over Oman/Dubai quotes was much greater than the market forecasts for an increase of about $1.5 a barrel. Additionally, expectations that the OPEC+ output increase will not do much to help with the tight supply also helped support the price jump.
Natural gas futures spiked this morning on forecasts for higher demand than previously expected and an increase in LNG exports.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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