Crescent Logs $170 Million Loss for Q4
Crescent Energy Co. has reported a net loss of $169.9 million for the fourth quarter of 2024 and…
Ghana Stops Paying Oil with Gold
Ghana’s new central bank chief has suspended the West African nation’s program of paying for oil with gold…
India Builds World’s Longest LPG Pipeline to Cut Costs, Mishaps
India’s state-run refiners will fully commission the world’s longest liquefied petroleum gas pipeline by June, a key development that will…
Crude Suffers Worst Month Since September
Oil posted the biggest monthly loss since September as US President Donald Trump’s escalating tariff threats reduce investors’…
GE Vernova, NRG Energy Launch JV to Power Data Center, AI Boom
NRG Energy Inc. and GE Vernova Inc. have announced a joint venture (JV) to rapidly add new generation…
USA Crude Oil Inventories Drop
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 2.3 million barrels…
EIA Expects USA NatGas, Petroleum, Renewables Demand to Rise in 2025
The U.S. Energy Information Administration (EIA) expects U.S. natural gas, petroleum, and renewables consumption to rise in 2025,…
Macquarie Strategists Forecast USA Crude Inventory Build
In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists revealed…
EIA Raises USA Crude Oil Production Forecasts
The U.S. Energy Information Administration (EIA) raised its U.S. crude oil production forecast for 2025 and 2026 in…
Norway Raises Estimates for Oil and Gas Resources
Estimated resource volumes on the Norwegian continental shelf rose 36 million standard cubic meters of oil equivalent (scmoe)…
Calcasieu Pass LNG in Louisiana to Start ‘Commercial Operation’ April
Venture Global said it will launch “commercial operations” for the Calcasieu Pass liquefied natural gas (LNG) export project…
USA Crude Oil Inventories Rise by 4.6MM Barrels WoW
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 4.6 million barrels…