U.S. crude traders are bracing for increasing supplies at Cushing, Oklahoma, the delivery point for benchmark crude futures, as unexpected refinery issues add to inventories that are already at the Continue Reading
Facilities will add 13.4% to ERCOT solar capacity Receive daily email alerts, subscriber notes & personalize your experience. Register Now Most of the solar capacity is in or near Permian Continue Reading
Texas accounted for four out of 10 US oil and gas jobs last year. The U.S. oil and gas industry employed 880,681 professionals in 2018, up 5.4 percent from the Continue Reading
U.S. shale drilling activity is set to slow this year as companies respond to lower oil prices. However, a lower WTI price is not the only reason for the deceleration. Continue Reading
The oil market should reach a balance between supply and demand in the first quarter of this year, United Arab Emirates’ Oil Minister Suhail Al Mazrouei told Al-Arabiya television on Continue Reading
The US saw an addition of seven oil rigs this week but saw a decline in gas rigs. After a week of a net loss of 14 rigs , the Continue Reading
Baker Hughes reported an increase in the number of active oil and gas rigs in the United States this week. The total number of active oil and gas drilling rigs Continue Reading
When it comes to whether or not shale drilling in the Permian is actually profitable, Rystad Energy concludes that operator size matters. Say it ain’t so. Some oil and gas Continue Reading
After a decades-long legacy of dismissing the potentially meteoric rise of electric cars, oil and gas companies are finally changing their tune. In fact, in some sectors Big Oil is Continue Reading
Vaca Muerta, the biggest shale play in Argentina, led a year-on-year increase in oil and natural gas production in 2018 in Neuquen, as more companies bet on the resources for Continue Reading
