The great Permian Basin land rush is over. With the top acreage gobbled up, few companies are staking new claims. Instead, the...
ConocoPhillips announced this week that it made three new oil discoveries on the Western North Slope in Alaska. Showing a promising future...
Bloomberg is reporting that bottlenecks on the U.S. natural shale gas superhighway are starting to stack up, raising concerns about whether the...
Texas gains 3, Oklahoma up 2 rigs as U. S. rig count rises to 1,008 U.S. energy companies added oil rigs for...
The data in this report is compiled and provided by Oseberg, a next-generation oil & gas information and data analytics company that offers...
U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in...
As the U.S. shale revolution has grown it has simultaneously battered Canada’s energy industry in recent years, ending two decades of rapid...
OKLAHOMA CITY – Devon Energy is laying off approximately 300 people, the company announced Tuesday. On Tuesday, Devon Energy sent out...
Oklahoma City’s SandRidge Energy Inc. said on Monday it would evaluate any offer to buy the company from top shareholder Carl Icahn...
Texas’s energy regulators issued fewer new drilling permits in March than a year ago, but well completions rose, according to data released...
Alaska is poised for its first oil production increase in nine years, with output projected to climb by 16,000 barrels per day to reach 438,000 bpd in 2026, according to the Energy Information Administration. The rise, driven by ConocoPhillips' Nuna project and Santos and Repsol's Pikka development, would be the state's biggest since 2002.
Three years after Russia's invasion of Ukraine, Europe has reduced its reliance on Russian gas by shifting towards renewables and increasing liquefied natural gas imports from the US. However, much of the decrease in gas demand stemmed from high prices and mild winters rather than permanent policy changes, raising questions about the sustainability of the current energy mix.
Crude futures were on track to notch back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.
A weekly fall in U.S. gasoline demand reported by the Energy Information Administration on Wednesday, meanwhile, fed concerns over the economy's outlook and energy demand, contributing to losses in oil prices for the month to date.
-- West Texas Intermediate crude for April delivery rose 94 cents, or 1.4%, to $68.10 a barrel on the New York Mercantile Exchange ahead of the contract's expiration at the end of the session. The May WTI contract was up 99 cents, or 1.5%, at $67.90.
-- May Brent crude was up 64 cents, or 0.9%, at $71.42 a barrel on ICE Futures Europe.
-- April gasoline tacked on 0.5% to $2.1813 a gallon, while April heating oil added 0.7% to $2.2476 a gallon.
-- Natural gas for April delivery traded at $4.136 per million British thermal units, down 2.6%.
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...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Have your oil & gas questions answered by industry experts.