By David White (Bloomberg) — The cost to drill and frack new wells in US shale basins is expected to drop about...
Denver-based Ovintiv Inc. has once again increased its production guidance for the year, following a second-quarter performance that saw output reach the...
Story by Andreas Exarheas| RigZone.com | Oil’s Bermuda triangle is nearing an end, a Bofa Global Research report sent to Rigzone by the...
The relentless pace of transactions in the US shale sector signals that industry players are gearing up for a future with limited...
By Alex Kimani |OilPrice.com| The U.S. Department of Energy has finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum...
Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
Story Credit: Bloomberg – By Bill Lehane| According to the Renaissance Energy Advisors consultancy, American crude grade WTI Midland has replaced West...
Insurers are now assessing the financial fallout from last week’s massive CrowdStrike software glitch, which crashed computers, canceled flights, and disrupted hospitals...
Helmerich & Payne, Inc. and KCA Deutag International Limited (“KCA Deutag”) announced a definitive agreement under which the H&P drilling company will...
By Bloomberg|Julia Fanzeres and Jordan Fitzgerald | Oil rose, clawing back from a run of losses, after a government report showed that...
The conflict between #Israel and #Hamas will continue to be the most important factor affecting the #oil markets and the situation will be in the forefront this week with Israel finishing preparations for a ground incursion into #Gaza. https://t.co/L3OKWKOUtL pic.twitter.com/oNmbFbrH6y
— Stratas Advisors (@StratasAdvisors) October 16, 2023
President Biden plans to visit Israel on Wednesday, Secretary of State Antony J. Blinken said in Israel in the early hours of Tuesday, setting up an extraordinary trip to a grieving nation on the brink of invading Gaza, the Palestinian territory already driven into a desperate humanitarian crisis by Israeli strikes that followed Hamas terrorist attacks.
The trip will be a remarkable gamble, demonstrating American solidarity with Israel and signaling that reinforcement to Iran, Syria and Hezbollah at a time of increasing anxiety about a regional war. But it also ties Mr. Biden, and the United States, to the bloodshed in Gaza, where two million people are trapped and critical supplies are dwindling.
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
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...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
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