Chesapeake Energy, a leading U.S. oil and gas company, announced on Wednesday that it anticipates a decrease in oilfield service costs by...
By: CNBC – Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil...
LONDON/HOUSTON/SINGAPORE, (Reuters) – Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from...
By: Reuters – Britain on Monday committed to granting hundreds of licenses for North Sea oil and gas extraction as part of...
Continental is the biggest shale oil producer in North Dakota and Oklahoma, while also drilling wells in Wyoming and in the prolific Permian...
Story By Adrian Hedden|Carlsbad Current-Argus| National policy on controlling air pollution from oil and gas could be modeled after New Mexico’s recently...
By CNBC|Ruxandra Iordache| Saudi Arabia’s economy slowed in the second quarter, as crude output cuts and a drop in oil prices reined...
Chevron Corp, one of the world’s leading oil companies, announced on Friday that its annual oil and gas production is expected to...
In a groundbreaking move towards a greener future, Victoria, the second-most populous state in Australia, has announced its decision to prohibit natural...
Story By Andreas Exarheas|RigZone|If Russia’s government were to collapse, we would likely see substantial oil and gas upstream production declines. That’s what...
Vladimir Putin is a “thug”, says Mikhail Khodorkovsky, a former oil mogul and political prisoner. The West must face him down now or prepare for something worse, he warns in a guest essay for The Economist https://t.co/at6d8QyQtL
— The Economist (@TheEconomist) March 26, 2022
BREAKING: Houthi missile hits Aramco oil facility in Jeddah, Saudi Arabia pic.twitter.com/0TnMQ7s76Q
— BNO News (@BNONews) March 25, 2022
March 25, From REUTERS, The United States will work to supply 15 billion cubic meters of liquefied natural gas (LNG) to the European Union this year to help it wean off Russian energy supplies, the transatlantic partners said on Friday.
The EU is aiming to cut its dependency on Russian gas by two-thirds this year and end all Russian fossil fuel imports by 2027 due to Russia's invasion of Ukraine. Russia supplies around 40% of Europe's gas needs.
Concerns over security of supply were reinforced this week after Russia ordered the switch of gas contract payments to roubles, raising the risk of a supply squeeze and even higher prices. read more
A key hearing is set for this Friday in Big Spring, Texas, in a...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
In the last 24 hours, tensions in the Middle East have entered a new...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
Have your oil & gas questions answered by industry experts.