By Tim Bradner For the Frontiersman | Alaska wage and salary employment was up 2% in July, continuing a steady trend of...
Irina Slav for Oilprice.com | Oil stocks went back in vogue two years ago with a vengeance as investors sought to take...
Mark Jaffe | The Colorado Sun| A proposed draft of rules to manage the cumulative impacts of oil and gas drilling is...
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...
Chesapeake posted a quarterly profit of $1.24 billion, or $8.27 a share, compared with a loss of $439 million, or $4.48 per share, a year ago.
Coterra's profit was $1.23 billion, or $1.53 a share, compared with earnings of $30 million, or 8 cents per share, a year ago.
Pioneer earned $2.4 billion during the quarter, up from $380 million last year.
The energy sector is off to a higher start, supported by strength in the underlying commodities and the broader markets. The major market futures have regained ground and are pointing to a higher start as comments from the Federal Reserve hinted a “soft landing” can be achieved and a recession may be avoided.
WTI and Brent crude oil futures have recovered earlier losses and are trading up as OPEC+ is set for a small output increase, despite a call from U.S. President Joe Biden for a meaningful supply boost. Ministers for members of OPEC+ announced they are set to agree on a small output increase of 1000,000 barrels per day. Kazakhstan’s Energy Minister Akchulakov said the group may have to raise production to avoid the market from overheating. Ahead of the meeting, OPEC+ trimmed its forecast for the oil market surplus this year by 200,000 BPD to 800,000 BPD. Data released from the API which showed U.S. crude stocks rose by 2.2mln barrels last week has also provided support to oil futures.
Natural gas futures rose this morning on forecasts for more demand in the next two weeks than previously expected.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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