Oklahoma Attorney General Gentner Drummond recently announced the termination of the legal team hired by State Treasurer Todd Russ to defend a...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum products dropped to levels last seen in late...
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. This strategic move significantly enhances ExxonMobil’s footprint in the oil-rich...
Story by Jerry Bohnen |OK Energy Today|Ten years after SandRidge Energy had nearly 1,900 employees, the Oklahoma City energy company is down...
Oil and gas companies have added to the so-called fracklog for the second consecutive month, signaling a potential slowdown in U.S. shale...
Chinese companies have secured a significant number of contracts to explore oil and gas fields in Iraq, as revealed by Iraq’s Oil...
In a significant development that has captured the attention of international observers, Russia has reportedly discovered vast oil and gas reserves within...
Michigan Attorney General Dana Nessel recently announced her plans to initiate a lawsuit against the fossil fuel industry, highlighting the role these...
Big Hill is a federally-controlled underground petroleum storage site, one of four in the Strategic Petroleum Reserve program of the US Government....
Artificial Intelligence (AI) is increasingly pivotal in reshaping various sectors, including oil and gas. In this industry, traditionally characterized by high capital...
Two of shipping’s biggest names, Norway-based Frontline Ltd. and Belgium’s Euronav NV, have agreed to merge in a move that would create one of the world’s biggest tanker owners.
The all-stock deal announced Thursday, which has been approved by both the companies’ boards, involves an exchange of 1.45 Frontline shares for each Euronav share. The exchange will result in Euronav shareholders owning 59% of the merged entity and Frontline investors controlling 41%.
It will have a market capitalization of around $4.2 billion, based on trading levels as of Wednesday, and a combined fleet of 69 very large crude carriers and 77 smaller tankers.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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