Story By Tsvetana Paraskova|Oilprice.com| While U.S. crude oil production breaks record highs, the number of upstream and oilfield services jobs is flatlining...
Story By Alex Lawler, Dmitry Zhdannikov and Shariq Khan | REUTERS |Global oil demand growth needs to accelerate in the coming months, or the market...
Despite Europe’s ongoing efforts to curb energy purchases that fund Russia’s war in Ukraine, French imports of Russian liquefied natural gas (LNG)...
Story By David Carnevali and Kevin Crowley – (Bloomberg) — Refining billionaire Paul Foster is seeking to sell Franklin Mountain Energy, one of...
Riding the momentum of last month’s $5 billion North Dakota asset acquisition, Oklahoma City-based Devon Energy announced record oil production and net...
It has been 20 years since Red Adair died on August 7, 2004, at the age of 89. His company was credited...
Facing the need to secure battleground Pennsylvania, Vice President Kamala Harris is distancing herself from any previous statements opposing fracking. However, Republican...
Story by Andreas Exarheas| RigZone.com | In its latest Maritime Security Threat Advisory (MSTA), which was released on August 5, Dryad Global warned...
The recent sharp declines in major stock indexes have raised concerns of a recession among investors and analysts alike. The Dow Jones...
Story By Caroline Evans, Houston, and Everett Wheeler |Energy Intelligence Group| Independent US gas producers pinched by continually low commodity prices are looking...
Ranger Oil announced that its borrowing base under its revolving credit facility was increased 20% to $875 million. Ranger's elected commitment under the facility remains at $400 million. This is the second announced increase this year for a total of approximately 45%.
Energy stocks are set to open modestly lower this morning, as a reprieve in the rise in oil prices is encouraging investors to consolidate some gains and positions. Corporate news flow is fairly light, while the oil market is digesting news of the JMMC meeting that OPEC+ is “highly likely to agree to an output hike in the range of 600K bpd for July”.
Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production. The benchmarks have marched higher for several weeks as Russian exports have been squeezed by U.S. and EU sanctions against Moscow over its invasion of Ukraine, action Moscow calls a "special operation".
Natural gas futures are trading just below $9, as summer heating demand is set to pick up and the recent injection season failed to bring storage levels to historical averages.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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