LONDON – Premier Oil’s UK oil production averaged 39,500 boe/d last year, 20% higher than in 2016. This was mainly due to...
HOUSTON, — U.S. crude production will soar to a record high this year before rising even more in 2019, according to a...
In Oklahoma, there are various rivers that cut across the state dividing property lines and boundary lines. Although it is known that...
As we march into 2018, let’s start by taking a look back at Oklahoma O&G activity during 2017. At Oseberg, we believe...
ALBUQUERQUE, N.M. (AP) — Thanks to more barrels of oil production being pumped monthly from the Permian Basin, New Mexico is among...
Oklahoma down 2, now at 121; U.S. Rigs fall by 5 U.S. energy companies this week cut oil rigs for the first week...
Updated August 27, 2019. U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals...
In 2017, oil prices recovered significantly. Posting its second annual gain in a row, the commodity closed 2017 up more than 12%. The U.S....
Penn Virginia Corp. (NASDAQ: PVAC) will expand its core position in the Eagle Ford Shale with an $86 million bolt-on acquisition, the Houston-based...
As the price of oil rises, heavily-hedged shale producers may find it harder to meet investor demands for payback, boosting the value...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. Analysts had expected a smaller 1.7 million-barrel build.
Oil futures finished with a loss on Tuesday as Russia’s temporary cease-fire on Ukraine’s energy infrastructure lifted the possibility that the U.S. will ease sanctions on the flow of crude from Moscow.
Oil prices gave up early gains on growing tensions in the Middle East following U.S. attacks on Iran-backed Houthi rebels in Yemen over the weekend that threatened to disrupt crude flow in the oil-rich region.
U.S. stocks finished lower on Tuesday, with technology companies dragging down the market ahead of the Federal Reserve's interest-rate decision on Wednesday.
According to FactSet data, the Dow Jones Industrial Average was off 260.32 points, or 0.6%, to end at 41,581.31.
The S&P 500 tumbled 60.46 points, or 1.1% to finish at 5,614.66.
The Nasdaq Composite slumped 304.55 points, or 1.7%, ending at 17,504.12.
All three major stock indexes failed to extend their recovery rally into a third day, resuming their sharp selloff on Tuesday despite a batch of stronger-than-expected economic data.
Construction of new homes rose 11.2% in February as builders coming off a harsh winter ramped up new projects. Industrial production also rose 0.7% last month, above economists’ expectations of a 0.3% advance.
The U.S. central bank is widely expected to hold interest rates steady at a range of 4.25% to 4.50% at the conclusion of its March policy meeting on Wednesday, though policymakers' Summary of Economic Projections should give investors more insight into their outlook for the U.S. economy. The median rate projection in December signaled just two quarter-point rate reductions in 2025.
The Fed will release a policy statement on Wednesday at 2 p.m. Eastern time, followed by Chair Jerome Powell's press conference at 2:30 p.m.
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 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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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