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...
A Wyoming federal court judge suspended the Bureau of Land Management’s controversial venting and flaring policy this week, dealing a setback to...
US Rig Count Soars Up +10, OKLA +5 Oil futures closed much lower Friday, weighed down by rising trade tensions between the...
In February of this year QEP announced strategic initiatives to transition to a pure-play Permian Basin company, reported fourth-quarter and full-year 2017...
In earnings news, Kinder Morgan reported a 20.3% rise in quarterly adjusted profit on Wednesday as the U.S pipeline operator received a boost from jet fuel demand, with the company also benefiting from re-contracting some natural gas pipelines at a higher rate. The pipeline operator cashed in on the pent-up travel demand, which resulted in a 19% rise in jet fuel volumes transported in the second quarter. It said adjusted earnings for its natural gas pipelines were up 6% at $1.13 billion. The company also increased its dividend by 3%.
Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike stoked demand worries and returning oil supply from Libya eased supply concerns. Oil futures trading volumes have been thin and prices volatile as traders have to square weaker energy demand with tighter supply resulting from the loss of Russian barrels after the country's invasion of Ukraine. U.S. gasoline inventories rose by 3.5 million barrels last week, government data showed on Wednesday, far exceeding analyst forecasts. "U.S. gasoline demand is struggling to shift into top gear during the peak summer driving season," said PVM analyst Stephen Brennock.
Natural gas prices are off by 20 cents ahead of weekly inventory data. Analysts expect a build of 46 bcf.
Front-month Nymex natural gas (NG1:COM) for August delivery closed +10.2% to $8.007/MMBtu, its highest settlement since June 13 and up more than 47% so far this month.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
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,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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