Story by Andreas Exarheas| RigZone.com |Macroeconomic factors, strong supply, and weather disruptions are expected to weigh on oil and energy prices in 2025,...
Beneath the surface of modern energy production lies an escalating environmental and public health crisis: zombie wells. These abandoned oil and gas...
By Tsvetana Paraskova for Oilprice.com | Norway’s cabinet is scrapping a licensing round for deep sea minerals mining planned for 2025 as part...
The New Zealand oil and gas lobby is pushing the government to back exploration efforts by taking on some of the financial...
NEW YORK, Nov 29 (Reuters) – Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured...
The owner of the Inglewood Oil Field in Los Angeles County is taking the state of California to court over a law...
By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot of a gas station just outside Stillwater, Oklahoma,...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise build in U.S. gasoline stocks and worries about...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with Palantir Technologies. This deepened collaboration aims to bring...
The energy sector is poised for a higher start, backed by strength in the crude complex but gains will be capped by a drop in broader equity sentiment. Futures dipped lower this morning after Walmart cut its profit forecast amid rising food inflation, sending retail stocks tumbling in the premarket. The news comes ahead of a busy week of earnings, economic data, as well as the outcome of the Federal Reserve meeting with the markets expecting a three-quarter percentage point hike. On the economic front, investors are expecting the latest reading of the Case-Shiller Home Price Index, the consumer confidence report and new home sales data later this morning.
WTI and Brent crude oil futures continued to gain ground for a second day, boosted by increasing concerns about tightening European supply after Russia cut gas supply through a major pipeline. The gains come despite the strength of the dollar. Gazprom said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity and the cut in supplies is expected to leave countries unable to meet their goals to refill natural gas storage ahead of the winter demand period.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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