Argus Media | Growing associated gas production and rising breakeven prices for new oil wells are creating fresh challenges for Permian producers....
Story from BIC.com | The facility will be located near Reno, Nevada, and capable of producing up to 10 GWh of batteries...
Story By Charles Kennedy for Oilprice.com | Europe’s benchmark natural gas prices seesawed in Wednesday morning trade in Amsterdam as concerns about...
California Governor Gavin Newsom signed a new law on Monday aimed at preventing gas prices from spiking, marking his latest move in...
Story By Simon Watkins for Oilprice.com | As with the Russia-Ukraine War, a key component of the Israel-Hamas War (and the underlying...
Texas is known as the energy capital of the world, but as Chevron’s Duncan Healey points out, other states play a crucial...
Story By Andreas Exarheas |RigZone.com| Brent crude futures are in correction mode due to the uncertainty surrounding China’s economic outlook and stimulus...
LNG Canada, a massive liquefied natural gas export terminal led by Shell, is set to begin operations next year, but analysts are...
Story by Andreas Exarheas|RigZone.com| Natural gas prices are digesting the damage from Hurricane Milton in Sarasota Country, Tampa, and other areas caught in...
In 2024, the United States has solidified its position as the world’s leading driver of natural gas demand, largely fueled by power...
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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