➡️Recent discoveries in Guyana and Namibia have reignited interest in deepwater oil exploration, offering high returns for major oil companies. ➡️Despite forecasts...
Equinor UK Ltd, a subsidiary of Equinor ASA, and Shell UK Limited, a subsidiary of Shell plc, have announced a major energy...
The Biden administration has announced plans to hold an oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge (ANWR) on...
Story By Julianne Geiger for Oilprice.com | The European Union is working with the United States to soften the blow without undermining...
Imagine you own a 135-acre farm in Tioga County, Pennsylvania, and after negotiating what you believed to be a cost-free royalty agreement...
CNX Resources Corporation (NYSE: CNX) has taken a significant step in its operational expansion by announcing the acquisition of Apex Energy II,...
Frank Phillips, born on November 28, 1873, in Scotia, Nebraska, was the eldest of ten children in a farming family. In 1874,...
Crescent Energy Company (NYSE: CRGY) has made a bold move in the energy sector by signing a definitive agreement to acquire assets...
Story by Andreas Exarheas| RigZone.com |Macroeconomic factors, strong supply, and weather disruptions are expected to weigh on oil and energy prices in 2025,...
Beneath the surface of modern energy production lies an escalating environmental and public health crisis: zombie wells. These abandoned oil and gas...
The energy sector is off to a higher start, supported by strength in the major market futures and the underlying commodities. U.S. stocks are expected to open sharply higher following the release of the CPI data which reflected a smaller-than-expected rise in U.S. consumer prices. This has increased expectations the Federal Reserve will be moderate in its future interest rate hikes.
WTI and Brent are trading higher as supply disruptions outweighed declining optimism over a Chinese oil demand recovery. The oil market continues to see some support following the closure of the Keystone pipeline which closed down after a leak last week. However, oil futures pared earlier gains after the Chinese leader delayed a key economic policy meeting, amid surging COVID-19 infections. Additionally, export volumes from Russia's Baltic and Black Sea ports are set to decline this month.
Natural gas futures are up this morning on forecasts for colder temperatures and higher heating demand in the next two weeks.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
Have your oil & gas questions answered by industry experts.