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...
A Story By Andreas Exarheas | RigZone.com | North America signed the most long-term contracts for the export of liquified natural gas (LNG) in 2023,...
In the wake of Federal Reserve officials signaling a cautious stance on interest rate cuts, the oil and gas industry is bracing...
In the oil and gas sector, ExxonMobil, Chevron, and Shell have recently marked a significant shift towards rewarding investors, emphasizing a steadfast...
Jobs in Texas Petroleum Industry | A Story By Andreas Exarheas | RigZone.com |In 2023, the Texas oil and natural gas industry...
As the International Energy Agency (IEA) celebrates its 50th anniversary, a growing discourse suggests that the time has come for a significant...
As Hawthorne Heights once said in the early 2000s, “I can’t make it on my own, because my heart is in Ohio”. ...
Story By Kevin Crowley|Bloomberg, via World Oil| Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts as bigger-than-expected oil output from shale...
Story By Jason Plautz | E&E News | In the three years since deadly blackouts paralyzed Texas, two major winter storms have hit...
The energy sector is set to extend yesterday’s declines into this morning’s session, pressured by further weakness in the crude complex and in the major equity indices which continued to fall on growing concerns over global economic growth.
WTI and Brent crude oil futures are down over 4% in early trading with the U.S. benchmark falling back below the $100-mark, driven by additional strength in the dollar, demand-sapping COVID-19 curbs in China and fears of a global economic slowdown. The euro lost ground and is trading near parity with the dollar. Multiple Chinese cities are adopting fresh COVID-19 curbs, from business shutdowns to broader lockdowns in an effort to rein in new infections from the highly infectious BA.5.2.1 subvariant of the virus. While U.S. President Biden will make the case for higher oil production from OPEC when he meets Gulf leaders in Saudi Arabia this week, as analysts don’t expect much from the visit. U.S. Treasury Secretary Janet Yellen is in Asia to discuss ways to strengthen sanctions on Moscow, including a price cap on Russian oil to limit the country's profits and help to lower energy prices. The IEA Executive Director Birol said that any price caps on Russian oil should include refined products.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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