Oklahoma, historically recognized as a top-five producer of oil and natural gas, is now rapidly gaining prominence in the renewable energy sector....
Crude oil inventories in the United States fell this week by 2.428 million barrels for the week ending June 7, according to...
Echo Minerals, an affiliate of Echo, has announced a significant milestone with the completion of an asset sale totaling over half a...
Story By Myra P. Saefong |MarketWatch| Gasoline prices at the pump marked what GasBuddy referred to on Monday as an “ultra-rare” double-digit...
On May 2, 2024, an inspiring event unfolded as the first-place team in the Technical Track of the 2023 Geothermal Collegiate Competition...
Story By Tsvetana Paraskova for Oilprice.com| Brent crude prices are set to rise to $86 per barrel this summer amid strong consumer...
The echo of injustice reverberated through Blaine County as the local sheriff, Travis Daugherty, issued a heartfelt apology to a man who...
Story By Rocky Teodoro |RigZone| According to the International Energy Agency (IEA), two-thirds of global energy investments will go to clean technologies...
In the past year, U.S. oil and gas producer Devon Energy (DVN.N) has faced significant challenges in its attempts to acquire at...
Oil and gas companies are escalating their efforts to block a series of high-profile lawsuits aimed at holding the industry accountable for...
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.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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...
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....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Have your oil & gas questions answered by industry experts.