Owning mineral rights can be both a rewarding and challenging experience, especially if you inherited them without much background in the oil...
By Tsvetana Paraskova for Oilprice.com | Russian oil companies and officials have discussed the possible ban on diesel exports for firms not...
BP has officially abandoned its 2030 target to significantly cut oil and gas production, marking a notable shift under CEO Murray Auchincloss....
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main oil prices for buyers in Asia amid heightened...
U.S. energy firms have reduced the number of oil and natural gas rigs for the third consecutive week, according to the latest...
Story By By David Wethe (Bloomberg) — Oilfield-service costs for US horizontal shale drilling are expected to rebound in 2025, clawing back some...
Brent crude prices have climbed 8.5% so far this week on concerns over conflicts in the Middle East Story By Myra P....
According to a press release on October 2nd, Texas Pacific Land Corporation (TPL) has made a strategic move by acquiring significant oil...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in the U.S. shale industry, recently voiced strong criticism...
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign pledge for sure, but one that has me...
The energy sector is moving higher this morning, supported by strength in the crude complex and in the major equity futures. Wall Street futures inched higher as investors assessed Federal Reserve Chair Jerome Powell's hawkish commentary and looked forward to key economic data next week for more cues on the monetary policy path.
WTI and Brent crude oil futures are trading higher for the second-consecutive session due to comments made by the US Fed Chair on more interest rate hikes and on Israel's ongoing attacks on Gaza, fueling supply fears. However, weakening China's Price Index, which fell 2.7 percent yearly and 0.2 percent monthly in October, and the rise in US crude oil stockpiles by an estimated 11.9 million barrels limited price upswings. Meanwhile, OPEC+ is set to meet on Nov. 26 to establish production policy, and the focus will be on whether Saudi Arabia extends a 1 million barrel-per-day voluntary cut set to expire at the end of this year.
Natural gas futures slid for the fifth-straight day on record output and forecasts for mild weather through late November that should limit heating demand and allow utilities to keep injecting gas into storage for a couple more weeks.
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
In the last 24 hours, tensions in the Middle East have entered a new...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Have your oil & gas questions answered by industry experts.