Story By Rachel Ramirez|CNN| A brutal heat wave is expanding across Texas and the South this week, impacting millions of Americans with triple-digit temperatures...
In the tumultuous world of oil and gas, managing mineral rights can be a formidable task, particularly for the average individual. The...
By: CNBC – Saudi Arabia’s state-owned oil giant Aramco is bullish on oil markets for the rest of 2023 as demand from...
Story By Brian Knox |Wise County Messenger| A former Boyd Texas resident, Billy Marcum, Jr., has been sentenced to more than 17...
By: Reuters – A U.S. judge on Monday signaled he was prepared to go ahead with selling Venezuela-owned oil refiner Citgo Petroleum’s...
Carbon Credits: Story by Keaton Peters |Inside Climate News| Tyler Crabtree was working in the oil and gas industry in North Dakota, trying...
Nearly half of about 100 exploration and production (E&P) companies surveyed by the Federal Reserve Bank of Dallas say they expect their...
Story By Chris Matthews |Hart Energy| Baytex Energy Corp. closed its multibillion-dollar acquisition of Ranger Oil Corp., expanding the Canadian E&P’s footprint...
Story By Brett Holmes|Argus Media| Texas last month had 206,000 workers employed in oil and gas extraction and supporting activities, up by...
By: Reuters – U.S. crude oil inventories at the Cushing, Oklahoma, storage hub have risen to their highest in two years, as...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
It sounds like something out of a Netflix crime drama, but this one’s all...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
After months of tough negotiations and political tension, the United States and Ukraine have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
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