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...
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...
Major Indices - Strong Friday Rebound | The Dow Jones Industrial Average gained 493 points, or 1.08%, closing at 46,245.41, while the S&P 500 finished 0.98% higher at 6,602.99 and the Nasdaq advanced 0.88% to 22,273.08 CNBC.
What Drove the Rally | The rebound came after New York Federal Reserve President John Williams suggested the central bank could cut interest rates again this year, signaling that monetary policy remains "modestly restrictive" and suggesting room for further adjustment in the near term CNBC. This caused bets on a December rate cut to jump to around 75% odds, up from roughly 40% on Thursday Yahoo Finance.
A Turbulent Week |Despite Friday's gains, it was a chaotic week overall. The market remains just 4.2% below its record amid questions about Nvidia's valuation, AI optimism, and how soon the Fed will cut rates TS2. Thursday saw a particularly brutal reversal, with all three major indices ending sharply lower despite earlier gains. | Other Notable Developments

Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
The history of the global oil and gas industry is inextricably linked to the...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
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