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...
by Bloomberg|Paul-Alain Hunt, Stephen Stapczynsk| According to Kevin Gallagher, the head of Santos Ltd, demand for natural gas will remain strong despite government...
Mergers and acquisitions in the U.S. oil and gas industry increased by 57% last year, as companies in the U.S. also increased...
APA Corporation is considering the sale of oil and gas drilling properties located in the Permian Basin, spanning Texas and New Mexico,...
The U.S. crude inventory balance fell by 4.383M barrels during the week ended Oct. 13, according to the API. That contrasted with a 12.94M jump in the prior week to Oct. 6 led largely by a sharp decline in exports.
Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have dropped drastically this year, prompting concerns they might reach such critical lows to complicate operations at the storage hub.
On the fuel side, the petroleum trade group reported a gasoline inventory slide of 1.578M barrels and distillate stock drop of 0.612M barrels. In the prior week, gasoline saw a 3.645-M barrel build while distillates experienced a 3.535M drop.
Hundreds of people were killed by a strike at a hospital in Gaza City on Tuesday night where thousands of civilians had been sheltering.
The Gazan health authorities said the blast had been caused by an Israeli airstrike; the Israel Defense Forces said it was caused by a rocket fired by a Palestinian armed group that malfunctioned after launching. Neither assertion could be immediately verified.
A key hearing is set for this Friday in Big Spring, Texas, in a...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
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