Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs have contributed to lower interest expenses for some...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has quietly exited a massive deepwater oil project off...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US oil companies during a visit to Oklahoma, saying...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional energy flows and geopolitical alignments. The agreement includes...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing stable oil production of over 200 million tons...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone by the EBW team on Tuesday, Eli Rubin,...
In a stark reminder of the volatile energy landscape and the relentless drive for operational efficiency, ConocoPhillips has confirmed plans to cut...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating a complex economic landscape shaped by new tariffs...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter ceasefire that President Vladimir Putin announced, with both sides...
The energy sector is off to a mixed-to-lower start, pressured by weakness in the underlying commodities. Meanwhile, the major equity futures are higher as investors digest the latest PPI data and ahead of the release of the Federal Reserve’s September policy meeting minutes. The producer price index rose 0.5% for September, coming out higher than the Dow Jones estimate for a 0.3% rise. While slightly higher than what economists expected, the September figure still represented a slowing from the 0.7% producer prices increase in the prior month.
WTI and Brent crude oil futures are extending yesterday’s modest declines as the focus shifts away from the possibility of supply disruptions due to geopolitical tensions in the Middle East. Concerns over the conflict between Israel and Palestinian Islamist group Hamas are easing, with Saudi Arabia saying on Tuesday it is working with regional and international partners to prevent the escalation of the situation in Gaza and neighboring areas.
Natural gas futures are pivoting after six consecutive days of gains after consensus for tomorrow's EIA storage report showed a build of +94 Bcf vs 5-yr average of +93 Bcf.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
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