Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex over a debt that now exceeds 300 million...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage in a protracted oil price war with its...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus Shale is being turned into power for artificial...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it will acquire Sitio Royalties (NYSE: STR) in an...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand is expected to grow, the long-term outlook for...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a groundbreaking lawsuit that challenged the state’s enforcement of...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet members north this week to support long-stalled oil...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman...
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal gray area in the oil and gas sector:...
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and the major market futures. U.S stocks are sharply lower in the pre-market amid fresh worries of a banking crisis along with a larger-than-expected fall in February’s retail sales.
WTI and Brent crude oil are trading down as concerns over Credit Suisse’s impact on the world markets outweighed hopes of a Chinese demand recovery. Oil was higher after China released data showing their economic activity had increased within the first two months of the year, as consumption and infrastructure investment drove the recovery from the country’s COVID-19 curbs. Additionally, a stronger dollar also weighed in on prices. Investors are waiting to see whether today’s EIA inventory data comes in line with yesterday’s 1.2 million barrel increase reported by the API.
Natural gas futures are lower, tracking losses in crude and on forecasts for warmer weather in the near term.
“I think it’s highly likely that these earthquakes were induced by the wastewater disposal operations in the area,” Justin Rubinstein, a research geophysicist with the U.S. Geological Survey, said in an interview with Colorado NewsLine.
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...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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....
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