In 1951 Aramco found the first offshore oil field in the Middle East. In the 1970s and ’80s, control gradually passed to the...
In 2024, the Permian Basin is poised to witness the ongoing impact of private operators amidst a landscape that’s increasingly being shaped...
Efforts by US banks to resist stricter capital regulations have found unexpected support from the renewable energy sector, which cautions that the...
(Bloomberg) via World Oil – U.S. natural gas prices surged after EQT Corp., the nation’s largest producer, said it will slash production...
In a significant development within the oil sector, the Organization of the Petroleum Exporting Countries (OPEC) reported an increase in oil production...
In recent months, China’s LNG import strategy has demonstrated a significant shift, setting new records and reflecting broader trends in the global...
The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting...
In 2024, the oil and gas industry is poised for a year of strategic recalibration, with capital expenditure (CAPEX) decisions reflecting a...
Story By Rocky Teodoro | RigZone.com |Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets...
In recent years, European family offices have begun channeling investments into the traditional oil and gas sector, a pivot from the dwindling...
Stocks scored back-to-back gains on Tuesday as investors waited on an inflation update due Wednesday from the June consumer-price index. The Dow Jones Industrial Average posted a near 317-point gain, advancing 0.9%, to end near 34,260, according to preliminary FactSet data. That marks its biggest daily percentage gain since June 15, according to FactSet. The S&P 500 index closed up 0.7%, while the Nasdaq Composite Index gained 0.6%.
Stocks have been on the upswing ahead of a key inflation reading for June, with the consumer price index expected to show further progress in retreat from its peak above 9% last summer. The Federal Reserve has indicated it likely has a few more rate hikes on tap this year to help bring inflation down toward its 2% annual target. Investors also will be tuning into second-quarter earnings, which kick off in earnest later in the week with results from some of the nation’s biggest banks.
@exxonmobil signals profit drop, cites lower prices
Operating earnings dropped to about $7.8 billion, when surging oil and gas prices after Russia's invasion of Ukraine boosted global energy results to record levels.
Read more on https://t.co/F1Gjv1sWnn#OGNews #profit pic.twitter.com/FiznawwAi1
— OGN - Media for the Energy Future (@OGN_Online) July 11, 2023
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
Data centers across the United States are increasingly grappling with one of the most...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
Have your oil & gas questions answered by industry experts.