Following a round of freezing temperatures in most of the Eastern US, the U.S. Energy Information Administration (EIA) reported Thursday morning that...
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...
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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