While tech improvements have been transformative, the greatest advances have come from eliminating downtime. ~Maria Peacock Story By Maria Peacock |Research Director,...
Carlyle Group (CG.O) has announced plans to establish a new oil and gas company focusing on the Mediterranean, led by former BP...
From HistoryFacts.com | Whenever you fill up your gas tank, you may notice that the price per gallon of gasoline always ends...
Story by Andreas Exarheas| RigZone.com |The U.S. Energy Information Administration (EIA) has lowered its West Texas Intermediate (WTI) oil price forecast in its...
At a recent public hearing with the Texas Senate Committee on Business and Commerce, officials from the Public Utility Commission (PUC) and...
In the face of an impending summer predicted to be the hottest ever recorded, the Texas oil and gas sector is churning...
Story By Haley Zaremba for Oilprice.com | This past Monday, Michigan Governor Gretchen Whitmer announced that she intends to reopen a nuclear...
In a striking turn of events, Europe’s gas imports from Russia surpassed those from the United States for the first time in...
In the western part of the Permian Basin, also known as the Delaware Basin, the Lower Permian age Bone Spring (also called...
Oklahoma, historically recognized as a top-five producer of oil and natural gas, is now rapidly gaining prominence in the renewable energy sector....
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
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