Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The overall US Rig count fell while U.S. energy...
The second quarter of the year has seen abundant activity at the intersection of the energy industry and the law. These are...
FORT WORT – A Tarrant County judge has rejected efforts by Chesapeake Exploration and Total E&P USA to dismiss claims in multidistrict...
The Denver Business Journal is reporting that the management team of Denver’s FourPoint Energy has raised another fund of more than $800 million under LongPoint...
Reading has been one of my favorite pastimes since I was a kid. Reading is a great way to exercise your brain and...
Energy dominance carries its own backlash, it turns out. Ground zero is the Permian basin in west Texas, where oil production has run...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The Permian basin saw the biggest increase in the...
Two private E&P giants are joining forces to form a pure-play Midland Basin company with more than 70,000 acres in the basin’s...
Midstates Petroleum Company, Inc. today announced the closing of the previously announced sale of its Anadarko Basin producing properties located in the...
U.S. oil rig count little changed amid mixed report of inventories, record production The total number of active drilling rigs in the United...
The energy sector is off to a mixed to lower start pressured by weakness in the crude complex amid mixed performances in the major equity futures. U.S. stock index futures pared early morning gains after a stronger-than-expected jobs report dampened hopes that the U.S. Federal Reserve could start cutting interest rates early this year. A Labor Department report showed non-farm payrolls rose by 353,000 in January, compared with 180,000. Meanwhile, the unemployment rate stayed steady at 3.7% in January from the month before. Economists had forecast a rise to 3.8%.
WTI and Brent crude oil futures are trading lower for the third consecutive session, despite the OPEC+ group's decision to leave its production policy unchanged, keeping benchmarks on track for weekly losses on China economic growth fears and efforts to establish a ceasefire in the Middle East. OPEC+ will decide in March whether or not to extend voluntary oil production cuts in place for the first quarter following a ministerial panel meeting where no changes were made to the group's output policy. Elsewhere, Mediators are awaiting a response from Hamas to a proposal drafted last week with Israeli and U.S. spy chiefs and passed on by Egypt and Qatar for the war's first extended ceasefire.
Natural gas futures are swinging in and out of negative territory as the NOAA's 6-10 day forecast shows above-normal temps east of the Rockies, especially across the middle and upper-MS Valley, and the Great Lakes region.
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...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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 newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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...
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