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....
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...
Because of the Martin Luther King Junior federal holiday, no oil trading closing prices were reported in the U.S. However, prices weakened slightly on Monday because of the impact of the Middle East conflict.
Global benchmark Brent crude was traded and settled down 14 cents or about 0.2% at $78.15 a barrel on ICE Futures Europe. While there was no settlement to report for West Texas Intermediate crude in the U.S. due to the holiday, the U.S. benchmark was still down 18 cents or about 0.3% at $72.50.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, fell by two to 619 in the week to Jan. 12, the lowest since November. Baker Hughes said U.S. oil rigs fell by two to 499 this week, while gas rigs decreased by one to 117.
The U.S. rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due mostly to a drop in oil and gas prices, higher drilling costs, and as companies cut spending to boost returns to shareholders.
U.S. oil futures were up 1% in 2024 after dropping by 11% in 2023. U.S. gas futures, meanwhile, were up 32% so far in 2024 after plunging by 44% in 2023.
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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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