In the last 24 hours, tensions in the Middle East have entered a new phase. The United States carried out targeted airstrikes...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are pushing a new tax provision that could deliver...
A key hearing is set for this Friday in Big Spring, Texas, in a legal battle that could have wide-reaching implications for...
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Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened a new frontier for North Slope development believes...
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The World Bank has made a landmark decision by lifting its long-standing ban on financing nuclear energy projects in developing nations. Announced...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex over a debt that now exceeds 300 million...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
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...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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...
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by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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