President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil industry. Any country that continues to buy oil...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy, such as wind and solar, comes with a...
The United Arab Emirates is making a major financial play in the United States, announcing a $1.4 trillion investment framework over the...
A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the environmental campaign group to pay over $660 million...
By Alex Kimani| OilPrice.com | Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers...
Crowley has officially raised the U.S. flag on American Energy, marking the beginning of operations for the first domestic liquefied natural gas...
APA Corporation and its partners, Lagniappe Alaska and Oil Search (Alaska), have made a significant oil discovery in Alaska’s North Slope with...
by Bloomberg|Sara Gharaibeh| Qatar began supplying natural gas to Syria through Jordan, the latest boost to the war-torn country’s interim government following the...
HOUSTON (Reuters)—The American Petroleum Institute, a leading industry group, said on Wednesday that U.S. oil producers and executives will meet with President...
Wyoming’s latest legislative session delivered some major victories for fossil fuel producers and supporters of carbon dioxide-enhanced oil recovery. Lawmakers passed several...
Pressure-pumper Liberty Energy Inc. has followed rig operator Helmerich & Payne (H&P) in U.S. wildcatters Bryan Sheffield and Dick Stoneburner’s development of Australian shale.
Liberty invested US$10 million in Australia-brd Tamboran Resources and plans to send a frac fleet to the play in the Beetaloo Basin next year in northern Australia south of Darwin, Tamboran reported.
Liberty’s entry rounds out the upstream portion of Tamboran’s plan to develop the basin’s Marcellus-like rock—the Mid-Velkerri B—providing frac services in well completion post-H&P drilling.
The frac fleet is expected to arrive in 2024. H&P sent a modern rig, a FlexRig 3, to the play earlier this year.
First responders, the Midland Police Department and the Midland Fire Department were called to a fire located inside the historic Petroleum Building in downtown Midland during the evening hours on Monday.
According to reports, the fire was on the ninth floor of the building. The building owner, David Arrington, said that there were no injuries reported during the incident.
T. S. Hogan, a Montana attorney, rancher and oilman, came to the Permian Basin in 1925 and became active in the oil business. In 1927, Hogan announced the construction of the Petroleum Building.
The Petroleum Building was designed by the Fort Worth architect Wyatt C. Hendrick and completed in 1929. The building has long played a significant role in the history of Midland, as well as casting a significant role in the development of the city.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
After months of tough negotiations and political tension, the United States and Ukraine have...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
The global oil market is facing one of its most complex periods in recent...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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