AMSTERDAM (Reuters) – Oil prices stabilized on Monday after one of the most bearish weeks in months, propped up by OPEC comments...
The number of rigs exploring for oil and natural gas in the U.S. declined by four this week to 936. That’s up...
Challenges of managing produced water in the face of rising transport costs, freshwater shortages, and constraints on disposal are giving rise to...
The total active U.S. rig count fell by 1 to 935, according to Baker Hughes. That’s still up from the 511 rigs...
With the flurry of both drilling and leasing currently permeating the SCOOP/STACK/MERGE plays of Oklahoma, some of the biggest questions asked by...
Highlights from Oseberg’s September 11th weekly report on oil and gas activity in Oklahoma: Council Oak Resources stays on top of the leasing...
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...

The three major U.S. stock-market indexes ended higher on Thursday.
Stocks pulled ahead after strong earnings from Micron Technology revived some excitement in the AI trade, while a softer-than-expected inflation report helped investors make the case for more Federal Reserve interest-rate cuts in 2026.
Stocks held on to those gains throughout the day. Although the Nasdaq Composite was up as much as 2% at one point, the index was off of those highs by the end of the day.
The Dow Jones Industrial Average ended the day about 0.1% higher, according to preliminary data from FactSet.
The S&P 500 closed 0.8% higher.
The Nasdaq Composite ended 1.4% higher.
Recent data from Chinese customs reveals a complex landscape for the nation’s downstream sector. Total refined product exports in November reached 5.12 million tons, marking a 13.3% increase from October despite a slight 2.2% year-on-year decline. For the first eleven months of 2025, cumulative exports have contracted by 3.2% to 52.65 million tons.
Market performance remains bifurcated across product lines. Jet fuel continues to lead growth, with November exports surging 53.6% to 2.43 million tons. Conversely, gasoline exports plummeted 51.7% in November, reflecting a broader 16% year-to-date decline. On the processing side, refinery throughput remains robust. November runs averaged 14.86 million barrels daily, a 39% increase over 2024 levels, even as maintenance sidelined 1.2 million barrels of daily capacity. These figures underscore China’s strategic pivot toward high-demand middle distillates while navigating fluctuating global gasoline requirements and aggressive crude stockpiling.
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
The history of the global oil and gas industry is inextricably linked to the...
Santa Fe, NM – New Mexico Attorney General Raúl Torrez filed a lawsuit on...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
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...
By Irina Slav for Oilprice.com | The Permian Basin is the largest contributor to U.S....
The oil and gas sector enters 2026 navigating a more turbulent trade and policy...
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