A new regulation announced by the Biden administration on Thursday signifies cost escalation for oil and gas corporations seeking to drill on...
By: Reuters – A group of nearly 150 environmental justice groups urged the Biden administration on Wednesday to abandon talks with global...
(Reuters) – Halliburton Co (HAL.N) and Baker Hughes Co (BKR.O) on Wednesday reported results that beat analysts’ estimates for second-quarter profit, but the oilfield services firms...
By: Carlabad Current-Argus – Two new natural gas processing facilities recently began service in the Permian Basin as companies seek to match...
As a record-breaking heat wave bore down in June, extreme temperatures triggered a series of failures in West Texas’ gas supply infrastructure...
In a recent article by The Wall Street Journal titled “The Shale Industry Is Dropping Drilling Rigs Fast,” the authors Mari Novik...
By: CNBC – India’s ability to import more Russian oil may have hit a limit, analysts tell CNBC, citing infrastructural and political...
In the scorching midst of a nationwide heatwave, Death Valley National Park emerges as a fascinating and alluring destination. MarketWatch highlights the...
EOG Resources is a leading independent oil and gas producer in the United States. The company has been quietly developing a new...
By: Reuters – This week’s visit by U.S. climate envoy John Kerry to China after years of diplomatic disruptions could boost cooperation between the...
The energy sector is off to a mixed to lower start, pressured by weakness in the major market indices but supported by strength in the underlying commodities. U.S. stocks are down in the pre-market as investors continue to fear the possibility of a recession following the recent interest rate hikes.
WTI and Brent crude oil are up in early trading following an unforgiving Tuesday for the crude complex where oil prices dropped, closing below $100 for the first time since April. Oil futures are recouping some of yesterday’s losses as concerns over tight supply reemerged and outweighed lingering worries about a global economic slowdown. Tuesday’s protests came to an end as Norway’s government intervened to end the strike and confirmed that all oil and gas fields that were affected are expected to be back in full operation within a couple of days. Additionally, the Caspian Pipeline Consortium (CPC) which handles 1% of global oil and takes oil from Kazakhstan to the Black Sea through one of the world’s largest pipelines, has been told by a Russian court to suspend activity for 30 days. However, two trading sources familiar with the terminal operations confirmed that oil exports from the terminal are still flowing.
Natural gas futures rose this morning, tracking gains in the crude complex and on forecasts for more demand than previously expected.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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