The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels, marks one of the most consequential energy declarations...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of its integration with Hess Corporation, a Chevron spokesperson...
The U.S. oil and gas industry is riding a line between productivity and paralysis. Crude oil prices have slipped into the mid...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on Tuesday that Japan will form a joint venture...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly in the second quarter of 2025, as heightened...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn from a high-profile effort to establish a global...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a master plan for rebuilding Syria’s oil, gas, and...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the Government of Norway launched a $200 million initiative...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of life. Rig activity across the state has rebounded...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment pledges on Tuesday, part of a push by...
According to Offshore Energy, ConocoPhillips has delineated its Slagugle oil discovery located in the Norwegian Sea, constraining the recoverable hydrocarbon volume of the main segment. The 6507/5-11 appraisal well – on oil discovery 6507/5-10 S (Slagugle) – was drilled in PL891 in the Norwegian Sea, about 22 km northeast of the Heidrun field and 0.75 km south-southeast of the discovery well. ConocoPhillips is the operator of the license with an 80 percent interest and Pandion Energy is its partner with the remaining 20 percent.
The Petroleum Safety Authority Norway has given ConocoPhillips consent for exploration drilling in block 6306/3 in the Norwegian Sea.
The energy sector is poised for a mixed to higher start, supported by a rally in the crude complex while weakness in the major equity futures dampened sentiment.
WTI crude oil futures rallied a further 3.8% this morning, significantly outpacing Brent which is seeing more reserved gains. Futures on both sides of the Atlantic extended their trend higher for the fourth-straight session after the EU agreed to a partial and phased ban on Russian oil and China decided to lift some coronavirus restrictions amid rising demand ahead of the peak U.S. and European summer driving season.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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