Story By Terence West |EnergyPortal.eu| The New Mexico Supreme Court has ruled in favor of an oil company in a dispute with...
Story By Ari Natter|Bloomberg| China would be blocked from purchasing oil from the US’s emergency SPR stockpile under legislation slated for a...
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...
More than a fifth of the remaining hostages being held in Gaza are dead, according to an internal assessment conducted by the Israeli military.
Israeli intelligence officers have concluded that at least 32 of the remaining 136 hostages captured by Hamas and its allies on Oct. 7 have died since the start of the war, according to a confidential assessment that was reviewed by The New York Times. The families of 32 hostages, whose deaths are confirmed, have been informed, according to four military officials who spoke anonymously in order to discuss a sensitive matter.
Tulsa’s Vital Energy, Inc. made another expansion of its Permian Basin holdings with a $78 million acquisition of producing wells from Midland, Texas operator Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC.
The purchase increases Vital Energy’s working interest in 54 producing, low-decline wells by an average of 67%, increasing the Company’s estimated 2024 production by approximately 1,850 BOE/d (51% oil) and estimated 2024 Free Cash Flow by approximately $25 million.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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