We are continuing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the captivating stories of the pioneering individuals who shaped...
Ring Energy And The Central Basin The Central Basin, a distinctive geological feature within the Permian Basin, occupies a substantial area in...
The surge in water production across the Permian Basin is being met with a rising focus on recycling and reusing that water....
Federal revenue from energy production on public lands and waters fell by 10% in the latest fiscal year, totaling $16.4 billion, according...
By Tsvetana Paraskova for Oilprice.com | Amid Middle East tensions, experts doubt Iran will follow through on threats to close the Strait...
by Bloomberg, via RigZone.com|Bloomberg News | Oil imports into China sank again last month, highlighting soft consumption in the largest buyer just...
The oil & gas rumor mill is getting fired up again as recent industry chatter suggests that Chevron Corporation and Diamondback Energy...
By Alejandra Martinez | The Texas Tribune | FORT WORTH — Republican Christi Craddick cruised to reelection, defeating three challengers to keep her...
Donald Trump’s election has brought renewed optimism to the oil and gas industry. Energy Transfer co-CEO Mackie McCrea recently shared his thoughts,...
[S&P Global] – Asian oil buyers are set to witness significantly more opportunities to import attractively priced crude from the US despite...
48 years ago today: One of the most famous hits in OU history happened when Scott Hill went airborne on Hall of Famer Tony Dorsett.
No. 1 OU beat No. 15 Pitt, 46-10, and held Dorsett to just 17 yards. Joe Washington rushed for 166 yards on 23 carries.@BetUS_Official pic.twitter.com/P8vITTiTvj
— The REF (@KREFsports) September 20, 2023
The energy sector is off to a mixed-to-lower start, pressured by weakness in the underlying commodities. Meanwhile, the major equity indices are edging higher as the market awaits the Fed’s policy decision later today.
The rally in crude futures has taken a pause as WTI and Brent crude oil contracts are extending yesterday’s losses ahead of the Federal Reserve’s policy decision and inventory data due later today. Traders will be closely watching the release of today’s EIA inventory report as last night’s API figures showed a 5.25-million-barrel draw, compared to analyst estimates of a 2.2 million barrel decline. Goldman Sachs anticipates growing oil demand and extended supply cuts may push the market into a deficit and pave a way for Brent crude futures to reach $105 per barrel. The investment bank also expects the Bank of England to keep interest rates unchanged on Thursday after data showed a surprise drop in inflation in August.
Natural gas futures have erased earlier gains and are lower on below-normal temperatures and as traders expect a mild winter may push contracts below $2.00/MMBtu.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The oil and gas sector is undergoing a major digital overhaul, and data is...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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