By: Natural Gas Intelligence – Saudi Arabia’s state-owned oil producer posted record profits for 2022, up nearly 50% year/year, lifted by soaring...
By: KFOR – The Oklahoma Corporation Commission held a special meeting Monday concerning a proposed senate bill that would change how utility...
By: Reuters – Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike...
Energy Story by Catherine Boudreau, Jacob Zinkula [Business Insider] President Joe Biden can’t quit fossil fuels even though he knows he needs...
Did Nord Stream attackers in hired yacht take late-night delivery of explosives in scenic German harbor before a dangerous dive mission to...
By: Reuters – Exxon Mobil Corp (XOM.N) has successfully started up a new $2-billion crude distillation unit (CDU) at its Beaumont, Texas refinery,...
By: Reuters – Oil prices clawed back some ground on Thursday after sliding to 15-month lows in the previous session as markets...
While the government reported U.S. crude oil exports set a record of 3.6 million barrels a day in 2022, the amount of...
Story from Hart Energy, by Jaxon Caines. The drilling market is a cyclical one, enduring many years of highs and many years...
Devon Energy (DVN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
The oil and gas industry stands at a pivotal juncture, navigating through escalating demands,...
Story by Andreas Exarheas| RigZone.com |In a report sent to Rigzone late last week, analysts...
Story By Geert De Lombaerde |Oil & Gas Journal| Civitas Resources Inc., Denver, has...
Artificial Intelligence (AI) is increasingly pivotal in reshaping various sectors, including oil and gas....
Big Hill is a federally-controlled underground petroleum storage site, one of four in the...
Michigan Attorney General Dana Nessel recently announced her plans to initiate a lawsuit against...
In a significant development that has captured the attention of international observers, Russia has...
Chinese companies have secured a significant number of contracts to explore oil and gas...
Oil and gas companies have added to the so-called fracklog for the second consecutive...
Story by Jerry Bohnen |OK Energy Today|Ten years after SandRidge Energy had nearly 1,900...
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. This strategic...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum...
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