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...
WOODWARD — FourPoint Energy LLC has drilling rigs ready to go in western Oklahoma, waiting to drill horizontal wells up to two...
Oil companies idled 5 drilling rigs this week, the second drop in two weeks as oil prices in recent months have slowed...
President Donald Trump signs a memorandum on Orderly Liquidation Authority, Friday, April 21, 2017, at the Treasury Department in Washington. Trump signed...
(Bloomberg) -- China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as the nation’s economic woes continue to stand in the way of a full rebound from Covid Zero.
The energy sector is off to a mixed to lower start, looking past strength in the underlying commodities while the major equity futures extend declines. U.S. stock index futures fell as a jump in U.S. bonds yields, spurred partly by Fitch's downgrade of U.S. long-term credit rating, pressured rate-sensitive shares and set Wall Street up for another selloff.
WTI and Brent crude oil futures have rebounded slightly in early trading after dropping sharply from more than three-month highs in the previous session as concerns around supply tightness offset the impact on sentiment of a U.S. government credit downgrade. Crude is supported by supply concerns because of output cuts by OPEC+ which a meeting today is expected to keep in place, further eroding inventories.
Natural gas futures are trading higher, recovering from yesterday’s selloff amid forecasts for hotter-than-normal weather continuing through mid-August, especially in Texas.
(Reuters) - Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include September, the state news agency SPA said on Thursday.
The agency cited an official source at the Ministry of Energy as saying the cut can be "extended, or extended and deepened".
The kingdom's production for September will be approximately 9 million barrels per day (bpd), the source said.
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Have your oil & gas questions answered by industry experts.