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...
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The oil and gas industry stands at a pivotal juncture, navigating through escalating demands, fluctuating market dynamics, and an imperative transition towards...
By Matt Busse |Cardinal News| The Mountain Valley Pipeline’s lead developer said Tuesday it anticipates the natural gas project will have a...
Story by Matt Egan |CNN, via Yahoo News| Scott Sheffield, founder, and longtime CEO of American oil producer Pioneer Natural Resources, attempted...
In a recent announcement, Devon Energy, a prominent U.S. shale producer, disclosed that it had surpassed first-quarter profit expectations. This achievement comes...
In a pivotal announcement on Monday, Colorado Governor Jared Polis revealed a groundbreaking agreement between the oil and gas industry and environmental...
Brage is a producing conventional oil field located in shallow water in Norway. The Brage conventional oil field recovered 89.79% of its...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row. The total oil and gas rig count, an early indicator of future output, fell by five to 654 in the week of Aug. 11, the lowest since March 2022. That was also the 14th time in the last 15 weeks that drillers cut rigs.
Baker Hughes said that puts the total rig count down 109 rigs, or 14%, below this time last year.
After falling for eight weeks in a row, the number of oil rigs held steady at 525 this week, while gas rigs fell five to 123, their lowest since February 2022.
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...
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 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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