A major environmental crisis has been unfolding in the Kerch Strait, a narrow passage linking Russia’s Krasnodar region and the Crimean Peninsula,...
by Andreas Exarheas| RigZone.com | Crude oil futures could see better prospects as traders return from the holiday break, focusing on a potential...
Cheniere Energy, Inc. (NYSE: LNG), a leading producer and exporter of liquefied natural gas (LNG), has announced the first production of LNG...
Natural gas futures have been climbing, sparked by new weather forecasts pointing to bitter cold arriving in major population centers as soon...
🔘 Despite record-breaking EV sales in China and Norway, global oil demand remains strong. 🔘 While China’s EV market surges, its oil...
by Bloomberg, via RigZone.com |Weilun Soon| The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker...
Italian energy giant Eni has unveiled one of the world’s most powerful supercomputers, marking a significant leap in its technological capabilities. Named...
Crude oil production in the U.S. Lower 48 (L48) states, which excludes Alaska and offshore production, reached a record 11.3 million barrels...
This year’s funding is part of an overall historic $4.7 billion investment from President Biden’s Bipartisan Infrastructure Law to address orphaned oil...
The Texas Independent Producers and Royalty Owners Association (TIPRO) recently highlighted a slight decline in Texas upstream employment for November, marking the...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
Natural gas remains the leading source of electricity generation in the United States, but...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
Have your oil & gas questions answered by industry experts.