by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of its integration with Hess Corporation, a Chevron spokesperson...
The U.S. oil and gas industry is riding a line between productivity and paralysis. Crude oil prices have slipped into the mid...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on Tuesday that Japan will form a joint venture...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly in the second quarter of 2025, as heightened...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn from a high-profile effort to establish a global...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a master plan for rebuilding Syria’s oil, gas, and...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the Government of Norway launched a $200 million initiative...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of life. Rig activity across the state has rebounded...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment pledges on Tuesday, part of a push by...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50 million state fund created to cut methane emissions...
Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, SOTE and OCP, halted flows due to worsening erosion in the Amazonian province of Napo. The company suspended activities this week to prevent further damage to critical infrastructure as erosion along the Coca River continues to threaten oil transport lines and the Coca Codo Sinclair hydroelectric plant, Ecuador’s largest.
Crude oil prices fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as part of a continuing effort to reclaim market share by lowering prices.
Meanwhile, U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
U.S. drivers may pay the lowest Independence Day prices for gasoline at the pump since 2021, as easing tensions between Israel and Iran have helped pull oil prices lower. However, whether cheaper fuel prices will persist for the rest of the summer is a bit harder to predict.
Heightened production from the Organization of the Petroleum Exporting Countries and its allies (OPEC+), along with trade-policy concerns, have muted the “typical springtime rise in prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
Earlier this week, the average price for regular unleaded gasoline was $3.155 a gallon, according to GasBuddy. That’s up 6.2 cents a gallon from a month ago, but down 34 cents from a year ago.
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
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