by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy team late Monday, Rystad warned that, in the...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in a Stratas report sent to Rigzone by the...
As oil prices sink to their lowest levels in four years and the risk of a global recession grows, Canadian oil and...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former headquarters in San Ramon, California, as part of...
Story by Darrell Proctor | PowerMag.com | Officials in Pennsylvania have announced the redevelopment of a former coal-fired power plant site into...
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is confronting a pivotal moment. As this prolific oilfield...
Story By Andreas Exarheas |RigZone.com| U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 6.2 million...
Iron Oak Energy Solutions LLC, a prominent proppant supplier in North America, has announced its acquisition of High Roller Sand, a leading...
By Tsvetana Paraskova for Oilprice.com | As Saudi Arabia pushes ahead with its ambitious Vision 2030 plan to build substantial futuristic cities...
As it ages, the Permian Basin is producing more water, gas, and less oil and may be nearing peak output. By Shariq...
Energy stocks are set to close out the final session of the third quarter in the green, tracking higher broader index futures and oil prices. Rates are backing off, with the 10-year back below 4.6%, trading around 4.53%. Sector news flow is light as quiet periods are set to commence ahead of earnings season next month.
Oil prices rose on Friday and were headed for a gain of about 3% for the week, driven by tight U.S. supply and expectations of strong fuel demand in China. A backdrop of tight supplies in the U.S. provided further price support, with storage at Cushing, Oklahoma, the delivery point for U.S. crude futures, already at its lowest since July 2022. "Any additional decline would threaten to bring them down to a critical level, which could make further withdrawals difficult," said Commerzbank analyst Carsten Fritsch.
Natural gas futures are lower by 3%, consolidating gains after touching 7-week highs yesterday.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
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...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
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