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,...
The U.S. natural gas sector is facing a challenging period as prices plummet, leading to significant shifts in the industry’s operations and...
The New York State Common Retirement Fund (NYSCRF) is one of the largest public pension funds in the United States. Established in...
The U.S. House of Representatives recently voted to overturn President Biden’s freeze on new liquefied natural gas (LNG) export approvals, marking a...
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 combined oil and gas rig count, an early indicator of future output, fell by 10 to 566 in the week to May 23. That 10-rig reduction was the biggest weekly decline in total rigs since September 2023. It was also the first time since September 2024 that drillers reduced the number of rigs operating for four weeks in a row..
Oil rigs fell by eight to 465 this week, their lowest since November 2021. Gas rigs fell by two to 98, their lowest since last month.
In the Eagle Ford Shale in South Texas, drillers cut four rigs, bringing the total down to 42, the lowest since December 2021.
In the Permian Basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale formation, drillers cut three rigs, bringing the total down to 279, the lowest since November 2021.
New Mexico, drillers cut two rigs, down to 92, North Dakota, drillers cut two rigs, down to 30, in Texas, drillers cut five rigs, down to 266, and Oklahoma lost 2 rigs, down to 53 rigs.
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...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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 newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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...
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