U.S. Majors Cash In as Permian Dominance Widens the Oil Gap
Upstream oil and gas—industry-speak for the exploration and production end of the business—has always been a game of…
bp sells U.S. onshore wind business, continuing pivot back to oil and gas
(Bloomberg) — bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the…
Union Jack Oil reports resumption of production at Keddington Oilfield
Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced that…
Equinor and Partners Approve $2 Billion Fram Sør Project
A new oil and gas project in the North Sea has been greenlit by Norwegian oil major Equinor…
China Launches Phase 2 Deep-Sea Gas Field Adding 4.5BCM To Supply
China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural…
US Rig Continues to Sag amid Rising U.S. Crude Production
By Julianne Geiger – Jun 20, 2025, 12:12 PM CDT The total number of active drilling rigs for…
What Are Iran And Russia Really Up To In The Caspian Sea?
Iran is making “good progress” on its first concerted oil drilling operation in the Caspian Sea in 30…
Mosman Oil and Gas announces Vecta Project drilling update
AIM-listed Mosman Oil and Gas the helium, hydrogen and hydrocarbon exploration, development and production company, has announced an update on timing…
US Oil Drillers See Sharp Decline in Activity
By Julianne Geiger – Jun 06, 2025, 12:18 PM CDT The total number of active drilling rigs for…
Permian or Bust? U.S. Oil Growth Has a One-Basin Problem
The Permian basin has been the chief growth driver for U.S. shale oil production. The most prolific shale…
Administration Proposes Lifting Restrictions on Alaska Oil & Gas Drilling
The National Petroleum Reserve in Alaska could see more oil and gas exploration if the Trump administration is…
Oil Rig Count Plunges Amid Scary Price Environment
The total number of active drilling rigs for oil and gas in the United States came crashing down…