(REUTERS)–Percussion Petroleum II is looking to fetch up to $1.5 billion by selling around 25,000 net acres in the Permian shale basin,...
By: Al Lewis – Houston Chronicle – Marathon Oil earned a ranking near the top of the Chronicle 100 following a year...
Story by Hart Energy. Targa Resources Corp. on June 16 agreed to acquire Lucid Energy Group in the Permian Basin from Riverstone...
Christopher Rugaber-WASHINGTON (AP) — The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters...
By: Robin Bradley – Utility Dive – As the second-largest producer of coal and the fifth-largest producer of energy overall in the...
By: Emily Patsy – Hart Energy – Continental Resources Inc. received a $4.4 billion cash “take private” proposal from its founder Harold...
(Bloomberg) — BP Plc has become the latest international oil company to exit Canada’s high carbon-emitting oil sands — but it almost...
By: Daniel Graeber – Houston Chronicle – High oil prices and runaway inflation will eventually curb demand — and possibly lead to...
By: Kyle Bakx – CBC – With so much pain at the gas pumps these days and the extraordinary price of oil...
Yang Li Hu, a 12-year-old Chinese oil tanker with a bright blue and red hull, was laden with oil as it set...
U.S. crude stockpiles unexpectedly fell last week, the API reported Tuesday, adding to expectations that demand is on the rise ahead of the summer driving season.
U.S. crude inventories fell by about 3.2 million barrels for the week ended Apr. 19, compared with an increase of 4.09M barrels reported by the API for the previous week. Economists were expecting an increase of 1.8M barrels.
The API data also showed that gasoline stockpiles fell by 595,000 barrels, while distillate inventories rose by 724,000 barrels.
On Wednesday the Alaska House of Representatives made a significant decision to support the...
Story by Andreas Exarheas| RigZone.com | In a release sent to Rigzone this week, Enverus...
Recent legal actions have arisen in Denver and Colorado as building owners, hoteliers, and...
In March, the upstream sector of the Texas oil and natural gas industry achieved...
By Tsvetana Paraskova |OilPrice.com| Halliburton Company (NYSE: HAL) booked slightly higher-than-expected adjusted earnings for the...
As the landscape of U.S. oil exports evolves, ambitious projects like the Sea Port...
Story By Jennifer A. Dlouhy | Bloomberg | via RigZone.com | The Biden administration...
By Laura Sanicola |Reuters| U.S. oil output from top shale-producing basins will rise in May...
by Bloomberg|P.Sykes, A.Shahla, E.Bronner|via RigZone.com| Iranian state media confirmed an attack by Israel in...
In the heart of the North Sea, amidst the swirling debates surrounding the future...
Blanchard Royalties refer to the practice of the pooling or communitization of royalty interests...
U.S. President Joe Biden has been actively involved in managing gasoline prices, a concern...
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