Oil & Gas Industry News

'After pursuing all options to restore communications, we learned this morning that the satellite has lost power'.

The Organization of the Petroleum Exporting Countries has roiled markets in recent months by speeding up the return of halted output.

A new analysis piece published on the EIA website recently has outlined how U.S. energy use has changed since the Declaration of Independence was signed in 1776.

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future in the second quarter Dallas Fed Energy Survey.

Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report.

Russia's oil revenue in June slumped to a two-year low as global crude prices fell and the ruble strengthened.

Oil prices fell after news of planned US-Iran nuclear talks eased Middle East tension risks.

'We expect ministers will continue the unwinding of the November 2023 tranche of cuts', analysts at Standard Chartered Bank said.

Oil prices climbed 3% after Trump announced a trade deal with Vietnam.

Iraq's electricity grid lost around 15 percent of its generation capacity after gas supplies from neighboring Iran were more than halved on Tuesday.

A statement posted on the White House website on Tuesday said the Senate 'delivered a resounding victory for American workers'.

Oil rose slightly as Middle East tensions resurfaced, keeping traders cautious.

Russia's sanctioned Arctic LNG 2 project raised production to record levels during the last days of June.

'Yesterday's natural gas price implosion fully erased Friday's gains', Eli Rubin, an energy analyst at EBW Analytics Group, said.

April was a volatile month for diesel futures after President Trump announced sweeping tariffs on April 2, causing prices to tank.

The Texas Oil and Gas Association and the Texas Independent Producers and Royalty Owners Association looked at Texas upstream employment in May.

A tanker hauling 1 million barrels of oil suffered an explosion while near Libya, its manager said Monday.

Oil prices edged down after last week's steep losses as traders anticipate a potential OPEC+ supply increase.

North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.

The U.S. Energy Information Administration revealed its latest U.S. crude oil and natural gas proved reserves figures in a report posted on its site recently.