Story By Kyle Bakx | CBC News |The head of the world’s largest energy company on Monday urged the world to accept...
The United States is currently undertaking the task of buying oil to replenish its Strategic Petroleum Reserve (SPR) after a significant drawdown...
In a move reflecting environmental concerns and regulatory adjustments, the Bureau of Land Management (BLM) significantly reduced the scope of a proposed...
Story By Aaron Clark | Bloomberg, via RigZone.com | Global methane emissions from fossil fuels held near a record high last year,...
A planned oil and gas development endeavor involving 166 wells on the outskirts of Denver is under scrutiny for potentially undermining a...
In response to conflicts with legislators over fossil fuel drilling fees, the New Mexico State Land Office has halted oil and gas...
China claims much of the South China Sea, part of the Pacific Ocean that is bounded by China, Taiwan, Indonesia, the Philippines, Malaysia,...
The recent court ruling against Kern County’s oil and gas permitting process has been a significant victory for environmentalists and local communities....
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...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since July 2020, energy services firm Baker Hughes Co (BKR.O) said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, fell by 5 to 682 in the week to June 23, the lowest since April 2022. That puts the total rig count down 71 rigs, or 9%, over this time last year.
U.S. oil rigs fell 6 to 546 this week, their lowest since April 2022, while gas rigs held steady at 130.
The rig count fell by one to 50 in the Haynesville Shale in Arkansas, Louisiana, and Texas, the lowest since January 2022, and by one to 35 in Williston in North Dakota and Montana, the lowest since April 2022, according to Baker Hughes.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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