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...
In the midst of a bitter cold snap, Texas faces an alarming situation as natural gas output has plummeted to an 11-month...
In a recent development that has sent ripples through the global oil markets, oil prices have exhibited a slight decline amidst escalating...
A series of earthquakes near Edmond and Arcadia, Oklahoma, occurring late Friday night and continuing into early Saturday morning, have captured significant...
BlackRock Inc., a global investment management corporation, finds itself at the center of a complex situation in Texas. Despite being banned from...
In an unprecedented move to address the increasing seismic activity in West Texas, the Railroad Commission of Texas, the state’s oil and...
The oil and gas industry in 2024 is navigating a complex landscape of challenges and evolving regulations, particularly in the United States....
On January 8, 2024, the downtown area of Fort Worth, Texas, was rocked by a devastating explosion at the historic Sandman Signature...
The recent ruling by the U.S. Supreme Court marks a significant development in the ongoing legal battle between the State of Minnesota...
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.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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...
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