Oil & Gas Industry News

Oil futures plunged as traders bet on a possible US-Iran peace deal.

Bo French defeated incumbent Texas Railroad Commissioner Jim Wright in a runoff election for the GOP nomination to sit on the Lone Star State's chief oil regulator.

'I am delighted to welcome Jeff to Noble's Board of Directors', Noble Chairman Charles M. Sledge said.

Rystad Energy described digitalization and Artificial Intelligence in upstream oil and gas as 'a $500 billion opportunity'.

Oil rebounded as renewed US-Iran clashes clouded hopes for a Hormuz deal.

Summer forecasts are pointing to higher than normal temperatures across Asia, while an El Nino weather pattern could make things even hotter.

The U.S. Department of the Interior announced that it generated over $4 billion in total receipts from a Bureau of Land Management oil and gas lease sale in New Mexico and Texas.

BP Plc unexpectedly fired Chairman Albert Manifold just months into the job.

Texas upstream employment increased in April, the Texas Independent Producers and Royalty Owners Association (TIPRO) said.

Naeem Aslam, CIO at Zaye Capital Markets (ZCM), outlined that ZCM sees oil being pulled in two directions.