StoryBy Jennifer Pallanich |Journal of Petroleum Technology |Across the US, the number of college students pursuing petroleum engineering degrees has been dropping, leaving...
by Rachel Frazin | The Hill |The Biden administration announced on Tuesday it was protecting 28 million acres of public lands in Alaska, reversing a...
China National Petroleum Corp (CNPC), Asia’s largest oil producer, is reassessing its global strategy with an eye on reviving its dealmaking activities....
By Mitchell Ferman|Bloomberg| About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people quietly buttresses...
New Zealand announced on Monday that it will pass new legislation by the end of this year to reverse a ban on...
By Julianne Geiger for Oilprice.com | As OPEC+ gears up for its next meeting, the group finds itself at a crossroads that...
Story By Bethany Blankley | The Center Square – Texas’ oil and natural gas production reached new record highs in July, after...
By Matt Egan, CNN — Oil giant Halliburton said Wednesday it’s grappling with a computer system issue reportedly linked to a cyberattack. A person...
As of early Thursday, Brent crude futures edged up by 3 cents to $76.08 a barrel, while U.S. West Texas Intermediate (WTI)...
EIA – In our latest Short-Term Energy Outlook (STEO), we forecast that crude oil production in the United States will grow to an average...
$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.