In 1951 Aramco found the first offshore oil field in the Middle East. In the 1970s and ’80s, control gradually passed to the...
In 2024, the Permian Basin is poised to witness the ongoing impact of private operators amidst a landscape that’s increasingly being shaped...
Efforts by US banks to resist stricter capital regulations have found unexpected support from the renewable energy sector, which cautions that the...
(Bloomberg) via World Oil – U.S. natural gas prices surged after EQT Corp., the nation’s largest producer, said it will slash production...
In a significant development within the oil sector, the Organization of the Petroleum Exporting Countries (OPEC) reported an increase in oil production...
In recent months, China’s LNG import strategy has demonstrated a significant shift, setting new records and reflecting broader trends in the global...
The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting...
In 2024, the oil and gas industry is poised for a year of strategic recalibration, with capital expenditure (CAPEX) decisions reflecting a...
Story By Rocky Teodoro | RigZone.com |Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets...
In recent years, European family offices have begun channeling investments into the traditional oil and gas sector, a pivot from the dwindling...
U.S. crude stockpiles unexpectedly fell last week, the API reported Tuesday, adding to expectations that demand is on the rise ahead of the summer driving season.
U.S. crude inventories fell by about 3.2 million barrels for the week ended Apr. 19, compared with an increase of 4.09M barrels reported by the API for the previous week. Economists were expecting an increase of 1.8M barrels.
The API data also showed that gasoline stockpiles fell by 595,000 barrels, while distillate inventories rose by 724,000 barrels.
U.S. President Joe Biden has been actively involved in managing gasoline prices, a concern...
In March, the upstream sector of the Texas oil and natural gas industry achieved...
By Tsvetana Paraskova |OilPrice.com| Halliburton Company (NYSE: HAL) booked slightly higher-than-expected adjusted earnings for the...
As the landscape of U.S. oil exports evolves, ambitious projects like the Sea Port...
Story By Jennifer A. Dlouhy | Bloomberg | via RigZone.com | The Biden administration...
By Laura Sanicola |Reuters| U.S. oil output from top shale-producing basins will rise in May...
by Bloomberg|P.Sykes, A.Shahla, E.Bronner|via RigZone.com| Iranian state media confirmed an attack by Israel in...
On Wednesday the Alaska House of Representatives made a significant decision to support the...
Blanchard Royalties refer to the practice of the pooling or communitization of royalty interests...
Story by Andreas Exarheas| RigZone.com | Prepare for more turmoil, lower inventories, and higher oil...
The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) raised its West...
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