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...
The oil and gas industry enters the second quarter of 2025 with cautious optimism. Production remains steady, particularly in the Permian Basin...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the state’s leadership in the global energy sector. Surpassing...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors, energy companies in the Federal Reserve’s 11th District...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that,...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside the OPEC+ alliance, especially if Brent crude falls...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil industry. Any country that continues to buy oil...
The energy sector is off to a mixed-to-higher start, supported by strength in the underlying commodities. Pre-market gains have been limited for energy stocks amid weakness in major equity futures which are lower following the release of hotter-than-expected August CPI data.
WTI and Brent crude oil futures are extending multi-month highs on concerns over tight supply. Yesterday, the IEA said recent output cuts from Saudi Arabia and Russia will lock in a substantial market deficit through the fourth quarter. The tight market supply is being reflected in the spread between front-month Brent contracts and contracts for delivery six months further which is at $4.68, a width not breached since last November. Additionally, OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024. Traders will now be waiting for this morning’s EIA data as last night’s API release showed builds in crude, gasoline, and distillates.
Natural gas futures are higher on lower production and expectations for a colder winter, which should increase heating demand.
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...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
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...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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