Permian Resources: Strong Capital Efficiency Leads To Positive Production Guidance Revisions
Permian Resources surpasses oil production expectations for 2024 due to acquisitions and improved capital efficiency, ...
Why a trade war with Canada, on hold for now, could increase Iowa's gas prices
The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...
Alaska Public Media13h
State lawmakers face tough budget choices as faltering oil revenue turns a surplus into a deficit
The state faces a nearly $200 million deficit to maintain essentially status-quo spending, leaving lawmakers with hard ...
On-Again Off-Again Tariffs Are A Problem
Uncertainty about tariffs will create economic losses. Spending to add inventories in advance of tariffs is just one cost that industry will bear.
US drillers add oil and gas rigs for second week in a row, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...
Oil5h
CNOOC starts production at Bozhong 26-6
CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.
This Top Oil Stock Plans to Send Investors $10 Billion in Cash in 2025
The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...
Colombia’s president orders national oil company to cancel US venture over environmental concerns
Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.
Shell resumes production from Penguins oil field for first time since 2021
Shell restarted production at the Penguins oil field in the U.K. North Sea with a new floating, production, storage and ...
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Why oil and gas companies want state oversight for carbon dioxide injection
Environmentalists are worried the state — known for a lax approach to regulation — is not prepared for the added responsibility of regulating certain carbon capture projects.
Prairie Operating Co. Announces Acquisition of DJ Basin Assets from Bayswater Exploration and Production for Approximately $600 Million
Adds ~24,000 net acres in Weld County and ~26 mboepd of oil-weighted (69% liquids) net productionAdds 77.9 MMboe and ~$1.1 Billion in Proved ...
Shell restarts production at Penguins oil field in UK North Sea
Shell said on Tuesday it has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility.