By- Anastasia Hufham – The Salt Lake Tribune – A new lawsuit targeting Trump-era oil and gas leases in Utah takes aim...
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...
Otis made landfall near the resort city of Acapulco on the southern Pacific Coast of Mexico as a Category 5 hurricane around 1 a.m. local time.
The storm grew very strong very quickly. Forecasters said it had “explosively intensified” by 110 miles per hour in 24 hours, far surpassing the standard definition of rapid intensification, which is when a storm grows by 35 m.p.h. in 24 hours.
⚠️ Esta hora, #Otis se degradó a #Huracán categoría 1 en tierra sobre #Guerrero.
Toda la información en ⬇️https://t.co/VVYNAkgh8w pic.twitter.com/mYC2ynAnNy
— CONAGUA Clima (@conagua_clima) October 25, 2023
The energy sector is off to a slightly higher start, supported by an uptick in oil futures. Meanwhile, the major equity futures are mixed as Wall Street digests fresh earnings reports. Within energy, investors are digesting Q3 results from E&Ps and oilfield services.
Following three consecutive sessions of losses, WTI and Brent crude oil futures are edging higher as concerns over escalating tensions in the Middle East offset global demand worries related to the economic outlook in Europe. U.S. and Saudi Arabia leaders on Tuesday discussed efforts to prevent the conflict from widening to potentially include major oil producer Iran. Meanwhile, recent manufacturing and services activity data from Europe served as a reminder that a weak macroeconomic backdrop may potentially impact oil demand. Markets will also be keeping an eye out for EIA data due later this morning, as yesterday’s API figures showed a draw of 2.7 million barrels last week.
Natural gas futures are extending weekly gains on forecasts for cooler weather next week that should increase heating demand.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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