In recent years, European family offices have begun channeling investments into the traditional oil and gas sector, a pivot from the dwindling...
EOG Resources, a key player in the oil and gas industry, is positioning itself for robust growth in 2024 with a strategic...
In a positive development for the ethanol and agricultural industries, the Environmental Protection Agency (EPA) recently gave the nod to requests from...
ALBUQUERQUE, New Mexico (AP) — A New Mexico businesswoman is accused of defrauding the US government and two Native American tribes of...
Story By Andreas Exarheas | RigZone.com |The average U.S. diesel price is down compared to a year ago, according to the AAA...
Vista Energy SAB de CV, a leading Mexican oil firm, has announced a healthy increase in its investment plans for the Vaca...
In a seismic shift that’s set the oil and gas sector abuzz, Chord Energy and Enerplus have decided to join forces, creating...
Story By Matt Busse | Cardinal News | Citing adverse weather and other challenges, the lead developer of the Mountain Valley Pipeline...
Story By Rocky Teodoro |RigZone.com| CenterPoint Energy, Inc. is selling its Louisiana and Mississippi natural gas local distribution company (LDC) businesses to...
In a surprising move aimed at reducing its debt burden, Occidental Petroleum Corp. is reportedly exploring the sale of its midstream assets,...
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.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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