In a rare win for both production and environmental performance, a new analysis by S&P Global Commodity Insights found that absolute greenhouse...
Algeria has taken another major step to revitalize its oil and gas sector, signing a $5.4 billion production sharing agreement with Saudi...
Operators across the Lower 48 are entering a pivotal new phase of development, where rising marginal costs and declining Tier 1 drilling...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit has jumped to its highest level since 2016,...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the world’s largest oil and gas companies control less...
The Yates Oil Field, located in the heart of the Permian Basin, remains one of the most iconic and prolific oil fields...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma Corporation Commission, or OCC, is managing its role...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of Russia’s most critical assets: its oil refining infrastructure....
OPEC+’s production hikes have been a tool to both punish countries that were overproducing oil and to lower prices in an effort...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations for the Henry Hub natural gas price at...
Major Indices - Strong Friday Rebound | The Dow Jones Industrial Average gained 493 points, or 1.08%, closing at 46,245.41, while the S&P 500 finished 0.98% higher at 6,602.99 and the Nasdaq advanced 0.88% to 22,273.08 CNBC.
What Drove the Rally | The rebound came after New York Federal Reserve President John Williams suggested the central bank could cut interest rates again this year, signaling that monetary policy remains "modestly restrictive" and suggesting room for further adjustment in the near term CNBC. This caused bets on a December rate cut to jump to around 75% odds, up from roughly 40% on Thursday Yahoo Finance.
A Turbulent Week |Despite Friday's gains, it was a chaotic week overall. The market remains just 4.2% below its record amid questions about Nvidia's valuation, AI optimism, and how soon the Fed will cut rates TS2. Thursday saw a particularly brutal reversal, with all three major indices ending sharply lower despite earlier gains. | Other Notable Developments

Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
The history of the global oil and gas industry is inextricably linked to the...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
Have your oil & gas questions answered by industry experts.
