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SANTA FE, N.M. (AP) — An Australia-based company plans to build a campus in New Mexico to expand its research into hydrogen...
“Hydrogen’s out there, we know it’s around,” he said, but scientists thought big accumulations weren’t possible. ~said Geoffrey Ellis, a geochemist with...
By: AP – Georgia Power Co. says increased demand for electricity is coming fast, asking regulators Friday to let it secure more...
By: Reuters – Chevron (CVX.N) posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its share price down in...
CrownRock owns about 86,000 net acres in the northern part of the Midland basin in Texas, which is part of the Permian,...
STORY FROM RIGZONE.COM | Brent volatility has risen to a five-month high, according to analysts at Standard Chartered, who made the comment...
Story By: S&P Global – Injections to US natural gas storage likely outpaced the historical average again in mid-October, even as cooler...
Bloomberg, via RigZone.com |By Christine Burke| Oil trader Pierre Andurand said he expects Saudi Arabia to keep its current supply curbs in...
FRANKFURT, Germany (AP) — Tensions from the war in Gaza could help accelerate the move away from planet-warming fossil fuels like oil and...
The New Mexico State Land Office reported Tuesday a record $2.75 billion in revenue for Fiscal Year 2023, which ran from July 1, 2022 to June 30, 2023.
This was the second time in its history the land office raised more than $2 billion, read an announcement, reporting revenue of $2.4 billion in FY 2022.
Of the funds raised in FY 2023, records show about $2.6 billion, or 96.8 percent came from oil and gas sources, including royalty payments, rental fees and other costs paid by oil and gas operators to produce on State Trust land.
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.56 per barrel Friday. Brent crude for February delivery fell 32 cents to $79.07 per barrel.
Wholesale gasoline for January delivery fell 3 cents to $2.13 a gallon. January heating oil fell 4 cents to $2.66 a gallon. January natural gas rose 4 cents to $2.61 per 1,000 cubic feet.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-November, energy services firm Baker Hughes said in its closely followed report on Dec. 21.
The oil and gas rig count, an early indicator of future output, fell by three to 620 in the week to Dec. 21, the lowest since mid-November.
Baker Hughes said that put the total rig count down 159 rigs, or 20%, below this time last year.
Baker Hughes said U.S. oil rigs fell by three to 498 this week, their lowest since mid-November, while gas rigs rose by one to 120, their highest since mid-September.
The total number of drilled but uncompleted (DUC) wells remaining dropped to a record low of 4,415 in November, according to federal energy data going back to December 2013.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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