By Marwa Rashad, Emily Chow and Ron Bousso | REUTERS |Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by...
The recent approval by the Biden administration of the Sea Port Oil Terminal (SPOT), a monumental oil export project off the Gulf...
WASHINGTON, (Reuters, via Yahoo) – The Biden administration’s pause on approving permits for U.S. liquefied natural gas (LNG) export terminals could backfire by boosting...
Story By Andreas Exarheas |RigZone.com|The average U.S. regular gasoline price is rising, the U.S. Energy Information Administration’s (EIA) latest gasoline fuel update,...
Amid a volatile global landscape, oil prices have surged, influenced by a combination of geopolitical tensions, supply concerns, and economic forecasts. Recent...
By Alex Lawler – (Reuters) – Saudi state oil company Aramco has started trading a U.S. crude oil grade that underpins the...
In a surprising move that has sent shockwaves through the global oil market, Saudi Arabia has directed its state-owned energy giant, Aramco,...
Story By Julianne Geiger | OilPrice.com | Brazil’s natural gas imports fell to a 20-year low last year, according to data from...
In a significant development within the oil and gas sector, Diamondback Energy and Endeavor Energy Resources are on the verge of finalizing...
Story By Stephanie Kelly | REUTERS | Oil production in the prodigious Permian shale basin in Texas and New Mexico this year...
The U.S. monthly oil rig count rose for the first time since November after drillers added rigs for a third week in a row, in the report issued on Friday. The total oil and gas rig count, an early indicator of future output, rose one to 625 in the week to Oct. 27.
U.S. oil rigs rose by two to 504 this week, while gas rigs fell by one to 117. For the month, drillers added a total of two rigs, putting the total oil and gas count up for the first time since March.
U.S. oil futures were up about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 28% so far this year after rising about 20% last year.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a stark reminder of the volatile energy landscape and the relentless drive for...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
After months of tough negotiations and political tension, the United States and Ukraine have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
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