Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has announced the acquisition of natural gas gathering and processing assets from...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to the rapid expansion of data centers. Sandy Segrist...
The Matterhorn natural gas pipeline, currently the largest under construction in Texas, has begun transporting small amounts of natural gas from the...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the U.S. Energy Information Administration reported an estimated inventory...
In a recent interview, Lorenzo, the CEO of Baker Hughes, shed light on the company’s strategy and the broader energy market’s trajectory....
Story from Rystad Energy| Argentina has made a big step forward in attracting foreign and domestic investment into the country’s energy sector...
Brent oil prices fell in Asian trading on Tuesday, driven by growing concerns over weakening economic conditions in China that could reduce...
By Tim Bradner For the Frontiersman | Alaska wage and salary employment was up 2% in July, continuing a steady trend of...
Irina Slav for Oilprice.com | Oil stocks went back in vogue two years ago with a vengeance as investors sought to take...
Mark Jaffe | The Colorado Sun| A proposed draft of rules to manage the cumulative impacts of oil and gas drilling is...
$MSFT earnings on Tuesday, $AMZN on Thursday...
Will they follow in $TSLA's footsteps? 🩸 pic.twitter.com/Qra3eWhtLl
— TrendSpider (@TrendSpider) October 21, 2023
Oct 20 (Reuters) U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since mid-September, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose two to 624 in the week to Oct. 20th. Despite this week's rig increase, Baker Hughes said the total count was still down 147, or 19%, below this time last year. U.S. oil rigs rose by one to 502 this week, while gas rigs also gained one to 118.
In the Haynesville shale in Arkansas, Louisiana and Texas, gas drillers this week added three rigs, boosting the total to 40. That was the first increase in the Haynesville since early July and the biggest increase since December 2022. A year ago, there were 70 rigs operating in the Haynesville.
U.S. oil futures were up about 12% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a stark reminder of the volatile energy landscape and the relentless drive for...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
After months of tough negotiations and political tension, the United States and Ukraine have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Have your oil & gas questions answered by industry experts.