Story by Andreas Exarheas | RigZone. For the most part, oil and gas professionals are not worried about artificial intelligence (AI). That’s according...
Story by Nissa Darbonne|Oil and Gas Investor. OPEC members hope their 1.16-MMbbl/d cut will get Brent to more than $90, said Scott...
By: CNBC – BP is bracing itself for a shareholder revolt at its annual general meeting on Thursday — some of the...
Despite the 70% drop in the spot price of natural gas over the past year, industry leaders remain optimistic about the future....
By: CNBC – A surprise decision by several OPEC+ producers to voluntarily cut output earlier this month had pushed analyst oil price...
By: Reuters – Russian Deputy Prime Alexander Novak said on Thursday the OPEC+ group of leading oil producers saw no need for...
By Darren Barbee, The Oil and Gas Investor. | NGP-backed Elk Range Royalties has acquired certain Eagle Ford Basin mineral and royalty...
By: Reuters – Texas crude is set to assume a key role in the world’s most important benchmark – Brent – as...
A Hart Energy Story | Private equity firm NGP continues to partner with Wing Resources in pursuit of mineral and royalty deals...
By: Reuters – The European Union launched a scheme on Tuesday for European companies to place orders to jointly buy gas, with...
Hundreds of people gather for a "Stand With Ukraine" rally in Times Square on Saturday. Ukrainians, Ukrainian Americans and allies gathered to show support for Ukraine and protest against the Russian invasion. https://t.co/PLTXijReLj
📸: Alexi Rosenfeld/Getty Images pic.twitter.com/iQcsIWBkJy
— CBS News (@CBSNews) February 26, 2022
U.S. energy firms this week added oil and natural gas rigs for an eighth week in a row, with the rig count rising for a record 19th month in a row, as crude prices soared beyond $100 a barrel for the first time since 2014.
The oil and gas rig count, an early indicator of future output, rose five to 650 in the week to Feb. 25, its highest since April 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.
In February, the total oil and gas rig count rose by 40, putting the count up for a record 19th month in a row.
Oil rigs rose by 27 in the month, increasing for an 18th consecutive month, and gas rigs were up 12 in the month, growing for a sixth straight month.
U.S. oil rigs rose two to 522 this week, their highest since April 2020, while gas rigs rose three to 127, their highest since December 2019.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Have your oil & gas questions answered by industry experts.