Stroy By Nicole Jao| NEW YORK (Reuters) – Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including...
Investing.com |The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, providing an insight into the state of the...
The Trump administration has taken another step toward expanding American crude oil production and exports, approving a second deepwater oil loading terminal...
By Georgina McCartney | HOUSTON (Reuters) – Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking a significant step in the country’s evolution into...
Story by Adam Kemp |PBS News| When Rhiannon Kymer opened the doors of her Oklahoma oilfield supply store in January, she was...
Diamondback Energy has announced a $4.08 billion cash-and-stock acquisition of select subsidiaries of Double Eagle IV Midco, LLC, a move that strengthens...
Story By Felicity Bradstock |OilPrice.com| President Trump has doubled down on his pledges to allow for more fossil fuel production and reign...
President Donald Trump’s declaration of a “national energy emergency” in early 2025 has sent ripples across the global energy landscape. His aggressive...
President Donald Trump announced Thursday that the United States is set to boost oil and gas exports to India, a move aimed...
Pressure-pumper Liberty Energy Inc. has followed rig operator Helmerich & Payne (H&P) in U.S. wildcatters Bryan Sheffield and Dick Stoneburner’s development of Australian shale.
Liberty invested US$10 million in Australia-brd Tamboran Resources and plans to send a frac fleet to the play in the Beetaloo Basin next year in northern Australia south of Darwin, Tamboran reported.
Liberty’s entry rounds out the upstream portion of Tamboran’s plan to develop the basin’s Marcellus-like rock—the Mid-Velkerri B—providing frac services in well completion post-H&P drilling.
The frac fleet is expected to arrive in 2024. H&P sent a modern rig, a FlexRig 3, to the play earlier this year.
First responders, the Midland Police Department and the Midland Fire Department were called to a fire located inside the historic Petroleum Building in downtown Midland during the evening hours on Monday.
According to reports, the fire was on the ninth floor of the building. The building owner, David Arrington, said that there were no injuries reported during the incident.
T. S. Hogan, a Montana attorney, rancher and oilman, came to the Permian Basin in 1925 and became active in the oil business. In 1927, Hogan announced the construction of the Petroleum Building.
The Petroleum Building was designed by the Fort Worth architect Wyatt C. Hendrick and completed in 1929. The building has long played a significant role in the history of Midland, as well as casting a significant role in the development of the city.
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According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
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By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
The global oil market is facing one of its most complex periods in recent...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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