The EIA government agency is out with a prediction that Americans will pay less on heating this winter compared to last winter....
By: Perry Smith – The Signal – A group of residents upset over energy-storage system plans for Acton are raising money to...
By: Wayne Parry – AP – Opponents of a natural gas-fired power plant planned for an already polluted low-income area in New...
Story By Matthew Monks|Bloomberg| The biggest energy deal of the year has thrown up a much-needed win for the US’s major investment...
Story By Chris Mathews |Hart Energy| With its roughly $60 billion blockbuster deal to acquire Pioneer Natural Resources, Exxon Mobil aims to...
By: KEYT – Governor Newsom signed Assembly Bill 1167, the Orphaned Well Prevention Act, into law on Saturday expanding the financial responsibilities...
By: Reuters – There’s little doubt that direct air capture (DAC) is divisive: on the one hand, it is a relatively simple...
Story By Jeremiah Budin | TCD |The air pollution generated by gas-powered lawn maintenance equipment is truly astonishing. According to the Environmental Protection...
By: Reuters – Prior to the outbreak of fighting between Hamas and Israel, investors had become less bullish about the outlook for crude oil...
By: CNBC – OPEC on Monday raised its medium- and long-term forecasts for global oil demand. The oil producer group said the...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
It sounds like something out of a Netflix crime drama, but this one’s all...
In a stark reminder of the volatile energy landscape and the relentless drive for...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
After months of tough negotiations and political tension, the United States and Ukraine have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
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