Oklahoma’s largest oil and gas operators are lining up to claim a new $50 million state fund created to cut methane emissions...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks a dramatic shift in U.S. energy policy. The...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their electrical grid system, as vast quantities of renewable...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position in the U.S. lithium market, announcing today a...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of 548,000 oil bpd. 🟢 Analysts say...
The U.S. Interior Department has proposed a major rule change that could reshape onshore oil and gas development in the West. Under...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of diplomacy with Iran and rising expectations for increased...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where they expect the West Texas Intermediate (WTI) crude...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and gas industry emissions of the powerful greenhouse gas...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to oil and gas operators in a ruling that...
The U.S. crude inventory balance fell by 4.383M barrels during the week ended Oct. 13, according to the API. That contrasted with a 12.94M jump in the prior week to Oct. 6 led largely by a sharp decline in exports.
Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have dropped drastically this year, prompting concerns they might reach such critical lows to complicate operations at the storage hub.
On the fuel side, the petroleum trade group reported a gasoline inventory slide of 1.578M barrels and distillate stock drop of 0.612M barrels. In the prior week, gasoline saw a 3.645-M barrel build while distillates experienced a 3.535M drop.
Hundreds of people were killed by a strike at a hospital in Gaza City on Tuesday night where thousands of civilians had been sheltering.
The Gazan health authorities said the blast had been caused by an Israeli airstrike; the Israel Defense Forces said it was caused by a rocket fired by a Palestinian armed group that malfunctioned after launching. Neither assertion could be immediately verified.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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