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A series of earthquakes near Edmond and Arcadia, Oklahoma, occurring late Friday night and continuing into early Saturday morning, have captured significant...
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On January 8, 2024, the downtown area of Fort Worth, Texas, was rocked by a devastating explosion at the historic Sandman Signature...
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Texas, a state pivotal to the United States’ oil and gas industry, finds itself bracing for a series of severe weather events...
After three straight days of gains, WTI and Brent crude oil futures eased this morning on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would further tighten supply. The Russia-Kazakh Caspian Pipeline Consortium will resume full exports from April 22 after almost 30 days of disruptions following repairs on one of its key loading facilities, single port mooring 3. The CPC pipeline carries around 1.2 million barrels per day of Kazakhstan's main crude grade, light sour CPC Blend. The volume accounts for 1.2% of global demand.
Natural gas futures are trading lower as NOAA's 6-10 day forecast shows near- to above-normal temps across much of the southwestern and Southeasterm US, and central High Plains. Below-normal temps are seen for the Northwest, much of the Great Plains, Great Lakes and Northeast.
(Reuters) - U.S. hydraulic fracturing firm Liberty Oilfield Services Inc (LBRT.N) on Wednesday reported a first-quarter loss but said it expected robust demand for drilling services to drive higher margins and revenue growth this quarter.
Liberty said the U.S. hydraulic fracturing market is nearing full utilization as demand has increased but supply is limited due to labor shortages, supply chain constraints, and continued equipment attrition.
The company also said underinvestment is contributing to tightness in the market, echoing comments made by rival Halliburton (HAL.N) earlier this week. read more
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Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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