U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015 as exports jumped and stocks at the Cushing hub dropped, the Energy Information Administration Continue Reading
U.S. shale player Continental Resources reported weather-related issues for production in the second quarter but hinted at strong second-half gains. Continental is one of the more active producers in the Continue Reading
U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending July 20, 2018, which was 46,000 barrels per day more than the previous week’s average. Continue Reading
Russia’s oil production this year will increase to 551 million tonnes (11.02 million barrels per day), a new 30-year high and up by around 3.5 million tonnes from previous expectations, Continue Reading
Still facing protests over shale gas work, British energy company Cuadrilla Resources said its efforts were pumping millions of dollars into the local economy. The company, a pioneer in British Continue Reading
There’s a good chance that a ballot initiative to significantly expand the buffer zones between oil and gas wells and homes and other buildings could be up for voting by Continue Reading
While Midland is enjoying low unemployment rates due to increased Permian activity, there is still a high demand for oilfield talent. The lure of high wages and bustling activity are Continue Reading
In announcing gains insecond-quarterr revenue, drilling services company Halliburton said North America is the fastest growing energy market in the world. Halliburton reported total revenue for the three months ending Continue Reading
Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin and lower Continue Reading
Rigzone asks several oil and gas majors about their hiring plans in the Permian basin in the near future. Royal Dutch Shell plc expects to be in “growth mode” in Continue Reading
