In a move that could redefine corporate climate accountability, Exxon Mobil Corp has taken unprecedented legal action. The oil giant has filed...
Story By Stephen Rassenfoss | Journal of Petroleum Technology | Oil production in the Bakken did something surprising last year—it grew. Forecasters...
In a significant development impacting the oil and gas industry, Hilcorp San Juan L.P., with operations spanning Aztec, New Mexico, and Houston,...
Story By Andreas Exarheas| RigZone.com | Oil prices have failed to achieve any significant momentum in 2024 yet, either upwards or downwards,...
Shell, a leading player in the global energy sector, has recently initiated a series of layoffs as part of its strategy to...
The United States is witnessing a remarkable phase in its oil production history, achieving record highs in oil output while operating with...
In an era where sustainability and efficiency are paramount, the U.S. oil and gas industry has made significant strides in enhancing production...
The oil and gas industry is set to undergo significant shifts in 2024, driven by a combination of market dynamics, technological advancements,...
Houston-based Talos Energy Inc. has announced a significant move in the oil and gas industry with its strategic acquisition of QuarterNorth Energy...
Inheriting mineral rights can be akin to stumbling upon a buried treasure. The prospect of tapping into the lucrative oil and gas...
Crude futures edged lower Tuesday after news reports said Equinor had resumed partial production at Norway’s massive Johan Sverdup oil field after it had been shut down by a power outage, though downside was limited by concerns around developments in the Russia-Ukraine war.
Russian President Vladimir Putin on Tuesday signed a revised nuclear doctrine declaring that a conventional attack on Russia by any nation that is supported by a nuclear power will be considered a joint attack on his country. It follows President Joe Biden’s weekend decision to allow Ukraine to use long-range missiles to strike deep into Russian territory.
Oil rose Monday over 3% on a combination of factors, including the outage at the Johan Sverdup field, which produces 755,000 barrels a day, as well as a softer U.S. dollar and concerns about intensified fighting between Ukraine and Russia, a major oil producer.
As of around 7:45 AM ET, Tuesday morning, here is a snapshot of prices:
West Texas Intermediate crude for December delivery down 33 cents to $68.83 a barrel on the New York Mercantile Exchange.
January Brent crude, the global benchmark, was down 18 cents at $73.12 a barrel on NYMEX.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
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...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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