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-
Top 10 US Shale Portfolios
via rigzone.comChevron holds the most valuable U.S. shale portfolio in terms of total net present value, according to Rystad Energy. -
FTC's Surprise Attack on USA Oil Icon Rattles Shale Sector
via rigzone.comSheffield, Pioneer's founder and a high-profile figure in the shale industry, has been barred from joining Exxon's board, according to the agreement reached between the companies and the FTC. -
Oil Posts Largest Weekly Drop Since February
via rigzone.comOil posted its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East, while traders continued to weigh the outlook for interest-rate cuts. -
Canadian Natural Boosts Q1 Production YOY
via rigzone.com'Crude oil price forecasts have strengthened for the remainder of 2024'. -
AIQ Acquires Stake in AI Firm in Partnership with Adnoc
via rigzone.comThe transaction will combine AIQ's breakthrough AI energy solutions with Presight's cross-sector big data analytics, product development, and international market access. -
World's Most Important Oil Price Transformed by Adding USA Crude
via rigzone.comThe world's most important oil price is working better than ever thanks to an infusion of crude from west Texas. -
Analysts Warn Next 2 Months Are Critical for Oil Fundamentals
via rigzone.comMay and June are critical for oil fundamentals, analysts at Standard Chartered Bank said. -
HSBC Asked by $890B Investor Group to Set Energy Goal
via rigzone.comA group of HSBC Holdings Plc investors wants the bank to set a funding target for renewable energy. -
Oil Shows Minimal Change After Swinging in Narrow Range
via rigzone.comOil settled little changed after swinging in a narrow range throughout the session, with a buildup in US stockpiles and a potential cease-fire in the Middle East suppressing a rebound from yesterday's sharp losses. -
NOG Beats Estimates on Strong Permian Production
via rigzone.comNOG's first-quarter production was 119,436 barrels of oil equivalent per day (boepd), an increase of 37 percent from the first quarter of 2023. -
API Has Its Say on NEPA Phase II Final Rule
via rigzone.com'This final rulemaking is the opposite of what is needed to create a durable and predictable permitting review process to unleash energy investment in America,' the API said. -
Oil Watchers Expect OPEC+ to Extend Supply Cuts Into H2
via rigzone.comOPEC+ is expected to prolong oil output cuts into the second half of the year. -
Electrification, Crypto Could Threaten West Texas Grid in Future
via rigzone.com'We see Far West Texas power demand more than doubling by 2040 due to electrification trends and cryptocurrency mining growth,' EIR warned. -
USA Crude Oil Stocks Jump More Than 7MM Barrels WoW
via rigzone.comCrude oil stocks in the U.S., not including the SPR, stood at 460.9 million barrels on April 26, the EIA revealed. -
Oil Slumps Below $80 Amid Surging US Stockpiles
via rigzone.comOil extended its recent skid as US crude inventories swelled to the highest since June the Federal Reserve signaled fresh concerns about inflation. -
GlobalData Flags Aramco AI Dominance
via rigzone.comSaudi Aramco's artificial intelligence innovation dominance places the company ahead of the curve, according to GlobalData. -
Petrobras Boosts Production by 3.7 Percent YOY
via rigzone.comPetrobras attributed the year-over-year increase mainly to the ramp-up of its floating production, storage and offloading units (FPSOs). -
OKEA Posts High in Net Production
via rigzone.comThe production was largely driven by Statfjord area activities, OKEA said. -
MSC Aries and Galaxy Leader: What Happened to the Crew of the Seized Ships?
via rigzone.comDryad Global highlights the current situation of the crew of the MSC Aries and the Galaxy Leader, which were both seized over the last few months. -
UK Oil Regulator Fines Perenco UK Limited
via rigzone.comIt's the highest ever financial penalty the NSTA has handed out. -
Exxon Oil Traders in Belgium Protest Move to London
via rigzone.comSome Exxon Mobil Corp. trading staff protested outside the oil giant's Brussels office Tuesday. -
Oil Ends Rocky Month Falling Below $82
via rigzone.comOil slid near its lowest price in a month as the potential for a cease-fire in the Middle East eased geopolitical tensions. -
Chevron CEO Sees Exxon Arbitration Resolved in Coming Months
via rigzone.comExxon began arbitration proceedings in March. -
Oil Markets Gazing Towards Next OPEC+ Meeting
via rigzone.comOil markets are increasingly gazing towards the OPEC+ meeting in June, SEB's Chief Commodities Analyst said. -
Petrofac Announces Temporary Share Suspension
via rigzone.com'Trading in the company's shares will be temporarily suspended from 7.30 am on May 1, 2024'. -
Oil Falls as Geopolitical Risk Premium Decreases
via rigzone.comOil fell as signs of progress toward a cease-fire between Israel and Hamas reduced crude's geopolitical risk premium. -
North America Posts Fresh Rig Losses
via rigzone.comNorth America lost 15 rigs week on week, according to Baker Hughes. -
Chevron Unit Starts Wellhead Pressure Project in Kazakhstan
via rigzone.comThe project lowers the flowing pressure at the wellheads and then boosts the pressure to the existing plants. -
Standard Chartered Looks at Geopolitical Risk in Oil
via rigzone.com'After jumping at geopolitical shadows and overreacting in 2022, the market has been more stoic in 2024 so far', Standard Chartered said. -
Repsol Acquires Stakes in Two Venezuela Fields
via rigzone.comRepsol signed a deal with PDVSA that adds two fields to its operations, which in the next few months are expected to produce 20,000 bpd.
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