Iran’s upcoming budget plan reveals a significant shift in its allocation of oil and gas export revenues, with more than half directed...
Story by Andreas Exarheas| RigZone.com | In its latest short term energy outlook (STEO), which was released earlier this month, the U.S. Energy...
Story by Lee Ying Shan |CNBC.com| The biggest influx of liquified natural gas (LNG) supply is coming online and it will transform...
Iraq’s Deputy Petroleum Minister, Hamid Younes al-Zobai, recently visited Washington in an effort to secure additional funding from the United States. The...
Matt Oliver | The Telegraph | A Labour campaigner’s oil and gas company will sell its North Sea assets after concluding Britain...
Cincinnati-based Synthica Energy has officially broken ground on a new Renewable Natural Gas (RNG) facility in Rome, Georgia, just outside Atlanta. Named...
Story By By Mella McEwen, Oil Editor| Midland Telegram Reporter | Construction of the 42-mile electrified conveyor system carrying sand from Atlas Energy...
Story By Robert Stewart | UpStreamOnline.com | New York-listed driller Nabors Industries will acquire competitor Parker Wellbore for nearly $360 million, the...
By Devika Krishna Kumar and Alex Longley | (Bloomberg) — US oil producers pounced on a chance to lock in prices, known as...
Exxon Mobil Corp, the leading oil producer in the U.S., is planning to sell part of its assets in North Dakota’s Bakken...
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.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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