Watch the latest video at foxbusiness.com After the White House claimed that U.S. oil producers have “plenty of opportunities” to drill domestically, some executives are slamming the administration’s “completely inaccurate,” “flat-out lie.” “We’ve basically tracked about 125 […]
Flip-flopping headlines from OPEC+ leaks and China COVID restrictions prompted a volatile day in crude markets today but WTI ended higher. OPEC+ does “not like contango and that is what has raised market expectations of […]
Single source platform makes intelligent connections for an industry constantly disrupted by change Austin, Texas (November 29, 2022) — Today Enverus, the most trusted energy-dedicated SaaS platform, announced a new, multi-year agreement for Halliburton to […]
With oil tumbling ahead of the grueling 2023 recession, the last thing OPEC+ and (bullish) oil traders wanted to see is even more supply coming on line, and yet that’s precisely what the a core […]
Authored by Katabella Roberts via The Epoch Times (emphasis ours), The Biden administration has quietly approved plans to build a new crude oil terminal in the Gulf of Mexico off Texas, seemingly in contradiction to […]
The U.S. added a total of three more rigs week on week, according to Baker Hughes’ latest rotary rig count, which was published on November 18. Baker Hughes’ count revealed that the U.S. added four […]
Summary Diamondback Energy announced the third quarter of 2022 results on November 7, 2022. The quarter’s revenues were $2,437 million, with a net income of $1,184 million or $6.72 per diluted share. Production for 3Q22 […]
By Alex Kimani of OilPrice.com Over the past five years, the United States’ largest independent oil and gas company, Exxon Mobil, has mostly focused its exploratory activities in South America. Last month, the oil […]
THIRD QUARTER HIGHLIGHTS Record quarterly production of 79,123 Boe per day (57% oil), an increase of 37% from the third quarter of 2021 Third quarter GAAP cash flow from operations of $276.8 million. Excluding changes […]
U.S. supermajor ExxonMobil is expected to lose about $2 billion when it sells an oil field off the coast of California. Operations at the field were halted following an oil spill in 2015 that leaked […]
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