By Kate Abnett, Gloria Dickie and David Stanway | DUBAI, (Reuters) – A draft of a potential climate deal at the COP28 summit on Monday suggested...
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...
Gold suffered its biggest one-day drop in nearly four years Wednesday, raising questions about whether a torrid rally driven by anxiety over President Trump’s trade policies can continue as the administration appeared to take a more conciliatory approach.
The precious metal had climbed in grand scale this year, culminating in a rise past $3,500 an ounce this week, before support for prices appeared to suddenly give way.
Losses for gold intensified Wednesday, with prices down $125.30, or 3.7%, to settle at $3,294.10. Prices marked their largest daily percentage decrease since June 17, 2021, according to an analysis of FactSet data conducted by Dow Jones Market Data.
Crude oil inventories in the US rose by 244,000 barrels in the week that ended April 18th, contrasting with market expectations of a 700,000 barrel draw, to mark the fourth consecutive week of inventory build in the country, according to data from the EIA Petroleum Status Report.
On the other hand, stocks in the Cushing, Oklahoma, delivery hub eased by 86,000 barrels.
Among refined fuels, gasoline stocks plummeted by 4.5 million barrels and stocks of distillate fuels sank by 2.3 million barrels, both well above expectations.
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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