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...
Story By Geert De Lombaerde |Oil & Gas Journal| Civitas Resources Inc., Denver, has signed agreements to sell two asset packages covering...
Story by Andreas Exarheas| RigZone.com |In a report sent to Rigzone late last week, analysts at J.P. Morgan said they now expect the...
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 added oil and natural gas rigs for a second week in a row as crude production returned to pre-pandemic levels and President Joe Biden slammed oil producers for profiting from sky-high prices instead of boosting output.
The total oil and gas rig count, an early indicator of future output, rose seven to 740 in the week to June 17, its highest since March 2020. Oil rigs rose four to 584 this week, their highest since March 2020, while gas rigs gained three to 154, their highest since September 2019.
Total output in the major U.S. shale oil basins will rise 143,000 bpd to 8.901 million bpd in July, the highest since March 2020, the government projected. read more
Benchmark U.S. crude oil for July delivery fell $8.03 to $109.56 a barrel Friday. Brent crude for August delivery fell $6.69 to $113.12 a barrel.
Wholesale gasoline for July delivery fell 17 cents to $3.79 a gallon. July heating oil fell 23 cents to $4.34 a gallon. July natural gas fell 52 cents to $6.94 per 1,000 cubic feet.
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Data centers across the United States are increasingly grappling with one of the most...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
Managed money speculators hit record bearish positions on WTI even as the IEA forecasts...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
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