Over the past two decades, the U.S. shale revolution has dramatically transformed the global energy landscape. Advancements in hydraulic fracturing and horizontal...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans to increase the use of a technique that...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly implemented a series of aggressive tariff measures aimed...
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...
Energy stocks are opening in the green, with higher broader index futures set to offset slightly lower energy commodity prices. News flow and earnings are slowly beginning to wind down, with late August seasonal trends on the horizon. July inflation data came in as expected, with a 0.2% rise month-over-month and a 3.2% increase from 12 months ago. Probabilities for Fed rate increases at the upcoming meetings in September and November declined following the inflationary data.
Oil prices are marginally lower, consolidating near 2023 highs. Both benchmarks have been on a sustained rally since June, with WTI trading at its highest this year on Thursday and Brent hitting its highest price since January. Oil prices have been boosted in recent days by extensions to output cuts by Saudi Arabia and Russia, alongside supply fears driven by the potential for tensions between Russia and Ukraine in the Black Sea region to threaten Russian oil shipments.
Natural gas futures are down by a nickel, trading around $2.91, ahead of weekly inventory data.
Wildfire has engulfed businesses on Front Street in downtown Lahaina in West Maui, home to 12,000 people.
The Coast Guard is responding to people who were forced to go into the ocean due to the flames.
Video credit to Alan Dickar, a local resident of Lahaina. pic.twitter.com/8uiyHQP55B
— Colin McCarthy (@US_Stormwatch) August 9, 2023
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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