Amid ongoing tensions in the Strait of Hormuz, the U.S.-led International Maritime Security Construct has issued a warning to ships in the...
By: Bloomberg -The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the...
UNITED NATIONS (AP) — The transfer of more than a million barrels of oil from an aging tanker moored off the coast...
By: Vail Daily – Eagle County isn’t the top place in Colorado considered suitable for oil and gas development, but a 2015...
The Uinta Basin lies in the northeast corner of Utah and is bounded on the north by the Uinta Mountains, on the south by...
Story By Olesya Dmitracova |CNN|Natural gas prices have spiked again this week, just as Europe prepares for the heating season. The price...
Story By Stephen Williams |Auto Blog|via Yahoo| Red or black? Draw or stand pat? Electric or gasoline? So many choices. To ease...
By: Carlsbad Current-Argus – An oil and gas company headquartered in Fort Worth, Texas is planning to buy thousands of acres in...
Story By Arathy Somasekhar (Reuters) – Top U.S. shale oil producers are raising output by pulling more from each well but lack...
Story By Steve Lackmeyer |The Oklahoman|via Yahoo News| Spencer Struck is no longer named in a $60 million lawsuit that mistakenly targeted...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
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