Story by Patricia Laya & Nicolle Yapur|Bloomberg, via RigZone.com| Oil majors operating in Guyana’s waters, are “moving ahead aggressively” with production plans...
In Nevada, a federal judge has delivered a blow to three tribal nations opposing the construction of what could be the United...
Story By Mitchell Ferman | Midland Reporter-Telegram | Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock...
Endeavor Energy Partners, the largest private oil and gas producer in the Permian Basin, is reportedly considering a sale. Sources suggest the...
By: Adrian Hedden – Carlsbad Current Argus – About half a billion dollars could fund a reserve of treated oilfield wastewater if...
At COP28 in Dubai, a heated debate emerged over a proposal to phase out fossil fuels, potentially marking a historic shift in...
Oklahoma’s state revenues have been notably impacted by a decline in Gross Production Taxes, which are levied on oil and gas production....
Bloomberg News, via RigZone.com | China will see oil demand growth slowing next year, casting a pall over an already disappointing global...
Exxon Mobil (XOM.N) has outlined a steady investment strategy, aiming for an annual project expenditure of $22 billion to $27 billion through...
The U.S. Environmental Protection Agency (EPA) announced a pivotal climate regulation on Saturday, mandating significant methane emission reductions from oil and gas...
The American Petroleum Institute reportedly shows a draw of 3.3M barrels of oil in U.S. commercial stockpiles for the week ending May 30.
Gasoline inventories reportedly increased by 4.7M barrels for the week, and distillate inventories increased by 760K barrels.
The Energy Information Administration will release its weekly U.S. petroleum supply report on Wednesday; analysts surveyed by The Wall Street Journal forecast domestic commercial crude stocks will decrease by 1.3M barrels, gasoline inventories are expected to decrease by 400K barrels, and distillate inventories are seen increasing by 500K barrels.
Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran, looked set to keep sanctions on both OPEC+ members, Russia and Iran, in place for longer.
Brent crude futures rose $1, or 1.5%, to settle at $65.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 89 cents, or 1.4%, to close at $63.41.
"Risk premium has ramped up this week as the prospect of a Russia/Ukraine ceasefire as well as an Iranian nuclear deal now appear to have been pushed back for weeks if not months," analysts at energy advisory firm Ritterbusch and Associates said in a note.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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....
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
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