The total active U.S. rig count, which includes oil and natural-gas rigs, rose by 1 to 944, according to Baker Hughes. Baker...
HOUSTON, Sept 8 (Reuters) – The world’s largest oilfield services company, Schlumberger NV, is spending billions of dollars buying stakes in its...
Highlights from Oseberg’s September 5th weekly report on oil and gas activity in Oklahoma: Council Oak Resources climbs to the top of the leasing...
In a significant development out of the U.S. Department of the Interior, the Office of Natural Resources Revenue has elected to eliminate...
A federal jury has awarded two Oklahoma oil companies $220,000 in damages from a “well-bashing” incident in 2015 by a company later...
Highlights from Oseberg’s August 28th weekly report on oil and gas activity in Oklahoma. Council Oak continues to lease up, with more than...
LONDON (Reuters) – Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the...
The rise in the number of active rigs in the United States continues to slow, with the 5-week average gain for US...
Oil and gas operators have a complicated relationship with water. Is it a valuable resource or a necessary evil? Turns out, it’s...
Since I have the same attention span as my 10-year-old son, we’re going to jump around a bit this week and highlight...
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and the major equity futures which are down on renewed inflation worries.
WTI and Brent crude oil futures are snapping five-consecutive sessions of gains, on a stronger dollar and as concerns over tight supply wanes. Against a basket of currencies, the dollar index was at 104.69, not far off the six-month high of 104.90 which was touched overnight. Saudi Arabia and Russia’s decision to consider whether to deepen cuts or raise output depending on market conditions on a monthly basis, has put pressure on oil futures this morning, a day after Brent rose above $90 for the first time in 2023. Market participants will now be keeping an eye on today’s API and tomorrow’s EIA data which will provide clues on gasoline demand as prices at the pump are now at the highest seasonal level in more than a decade. Congress is set to sell off a 1-million-barrel emergency cache of gasoline created in the aftermath of Hurricane Sandy amid questions about the reserve’s usefulness.
Natural gas futures are extending their recent declines on forecasts for cooler weather and lower gas demand in the next two weeks.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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