US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace talks affects oil price volatility Trump says the...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more than quadrupling from the previous year despite a...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) average spot crude oil price...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum System, an oil and gas province that stretches...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove record crude output in the U.S. over the...
The race to lower costs and accelerate production timelines in the Permian Basin has pushed operators to continuously rethink completion strategies. The...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d in late 2025, leading to lower crude prices....
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing, the new administration has approved a strategy that...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal projects fell 25% in the first seven months...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off non-core assets and pushing forward in its debt...
Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
Have your oil & gas questions answered by industry experts.