Story By Jennifer A. Dlouhy |Bloomberg, via RigZone.com| A federal judge upheld the Biden administration’s approval of ConocoPhillips’ 600-million-barrel Willow oil development...
By: Erin Douglas – Texas Tribune – A 5.2 magnitude earthquake was recorded in West Texas early Wednesday near the border of...
Story from RigZone.com | These major energy companies are hiring right now for a range of roles in several different locations around...
Story Credit, David Wethe at Bloomberg, as reported on Business Insider.com | Shale industry legend Harold Hamm is looking ahead to the...
By: Reuters – Investors dumped crude oil futures and options for the second week running as the economic outlook worsened and the...
LONDON (Reuters) – The addition of U.S. WTI Midland crude into the global dated Brent oil benchmark has gone smoothly, the head...
(Reuters) – Two U.S. energy companies, Bridgeland and Zargon, said in a new lawsuit that their former law firm Winston & Strawn...
On Monday, the Energy Information Administration (EIA) reported on how the growth in oil production had raised natural gas production volumes across...
Story By David Wethe |Bloomberg, via Rigzone.com| Wages for US oil workers climbed for a third straight month, setting a fresh record...
By: The Guardian – Rishi Sunak will this week announce legislation for a new annual system for awarding oil and gas licences...
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and the major equity indices extending yesterday’s losses as optimism for aggressive rate cuts this year continues to fade away.
WTI and Brent crude oil futures dropped this morning as traders digested dim economic data from China, which raised concerns about future demand and a higher dollar. China’s economy grew less than expected in the fourth quarter amid their ongoing property crisis, deflationary pressures, and weak demand. The world’s second-largest crude importer’s GPD grew 5.2% in October-December from a year earlier, higher than 4.9% in the third quarter but slightly off a 5.3% forecast in a Reuters poll. The U.S. dollar index rose near a one-month high on comments from Federal Reserve officials which lowered expectations for aggressive interest rate cuts. OPEC’s Monthly Oil Market Report showed the global oil demand growth forecast for 2024 remains unchanged at 2.2 mb/d, with the OECD growing by around 0.3 mb/d and the non-OECD by about 2.0 mb/d. However, the report shows that global oil demand in 2025 is expected to grow robustly by 1.8 mb/d, y-o-y. The OECD is expected to grow by 0.1 mb/d, y-o-y, while demand in the non-OECD is forecast to increase by 1.7 mb/d.
Natural gas futures are extending yesterday’s sharp losses on forecasts for temperatures to turn warmer after the recent winter storms.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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