(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...
By: Reuters – Top oil exporters Saudi Arabia and Russia confirmed on Sunday they would continue with their additional voluntary oil output...
(Reuters) – U.S. energy company Tellurian Inc. said on Thursday it remains on target to produce the first liquefied natural gas (LNG)...
Story By Andreas Exarheas |RigZone.com| In a new report sent to Rigzone this week, analysts at Standard Chartered said they think their...
In the bustling world of the energy sector, companies often find themselves in a dance of acquisitions, looking for the right partners...
NEW YORK (Reuters) – U.S. field production of crude oil rose to a new monthly record in August at 13.05 million barrels...
As the sparks of conflict continue to fly between Israel and Gaza, the repercussions are not confined to the region but have...
Stocks finished sharply lower after President Donald Trump said that Mexico and Canada wouldn't avoid 25% tariffs on imports due to go into effect on Tuesday.
Stocks saw a positive start to the week and month quickly erode Monday morning after a weaker-than-expected reading from the closely followed ISM manufacturing index. Details of the reading showed a large rise in prices paid and a slump in new orders, underscoring fears that tariff fears were having an effect on activity.
Stocks then accelerated the drop, with the Dow down more than 900 points at its session low, after Trump affirmed the tariff plans.
At the closing bell, the Dow Jones finished down 649 points, or 1.5%
The S&P 500 finished with a loss of 1.8%, leaving the large-cap benchmark down 0.5% for the year to date.
The tech-heavy Nasdaq Composite slumped 2.6%, with Nvidia Corp. dropping 8.8% on the day.
Chord Energy is moving to expand its 4-mile lateral drilling program in North Dakota's Williston Basin this year after completing its first such well, which surpassed 30,400 feet in total depth. The company also plans to bring 130 to 150 gross operated wells online this year and is considering selling non-operated Marcellus Shale gas assets acquired from Enerplus.
The AI-driven surge in electricity demand is pushing US utilities and tech companies to double down on natural gas infrastructure. Enverus expects 46 gigawatts of new gas-fired capacity to come online in the next five years, surpassing the past five years' 39 gigawatts. Gas will remain the preferred energy solution in the short term due to its reliability, affordability and speed of deployment, according to Rob Jennings of the American Petroleum Institute.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
Have your oil & gas questions answered by industry experts.