Marathon Petroleum merges with Andeavor Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the...
Rig Count: The Cana Woodford Basin in Oklahoma added nine rigs over the week. The U.S. oil drilling rig count rose for...
As far back as I can remember I’ve always heard that as a mineral owner you always want to take the highest...
Longpoint Minerals II, Llc, Limited Liability Company just filed Form D announcing $334.95 million equity financing. This is a new filing. Longpoint Minerals...
A cluster of earthquakes in Oklahoma earlier this month helped push the state to 62 temblors this year alone of magnitude 3.0...
The data in this report is compiled and provided by Oseberg, a next-generation oil & gas information and data analytics company that offers...
Texas gains 8, Oklahoma down 1 rig as U. S. rig count rises to 1,013 Oil prices were steady on Monday as...
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...
The energy sector is poised for a lower start amid more losses in crude futures. U.S stocks are set to open slightly higher, though gains moderated after private payrolls for August grew by just 132,000 for the month, a deceleration from the 270,000 gain in July, ADP said in its monthly payroll report.
WTI and Brent crude oil futures are extending yesterday’s sell-off as the market weighs in weaker demand prospects, political unrest in key OPEC+ producers and the possibility of a nuclear deal being announced with Iran. OPEC’s Joint Technical Committee is meeting this morning, with headlines noting the group is increasing its expectations for a 2022 surplus build, explaining that rising energy costs may lead to less demand. Additionally, China's factory activity extended declines in August as new COVID infections and the worst heatwaves in decades weighed in on production. Despite experiencing weaker growth, some of China's biggest cities from Shenzhen to Dalian are imposing lockdowns and business closures to curb COVID-19 outbreaks. However, the API report showed gasoline inventories fell by about 3.4 million barrels, while distillate stocks, which include diesel and jet fuel, fell by about 1.7 million barrels.
Natural gas futures are down in early trading as data suggest inventories are rising. Gazprom halted natural gas flows through Europe's key supply route on Wednesday as the economic battle intensified between Moscow and Brussels.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has...
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
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