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…
7 Energy Winners in a Market Going Nowhere
Oil prices are stuck in a rut, with Brent hovering near $65 and WTI not far behind. The…
US Fracking Company Forecasts Major Shale Slowdown
Frack-first energy policy is running into some good old-fashioned capitalism. Liberty Energy, the company founded by now-Energy Secretary…
Mosman Oil and Gas announces commencement of Vecta Project drilling
Mosman Oil and Gas, the helium, hydrogen and hydrocarbon exploration, development and production company, has announced the spudding of the first…
Chevron, Shell, BP Target Egypt in LNG Power Play
The race has been on between the world’s leading powers to secure as much of the globe’s current…
Halliburton, Schlumberger Brace for the Next Oil Slump
U.S. oilfield service majors had a good run after the pandemic lockdowns ended. Demand for oil rebounded strongly,…
US Oil Drillers Slow Activity As Prices Hurt, Even in Permian
By Julianne Geiger – May 09, 2025, 12:21 PM CDT The total number of active drilling rigs for…
Shell’s Deepwater Dreams Hit Delay in the Gulf
Shell’s plans to juice output from its deepwater Perdido development in the U.S. Gulf of Mexico just ran…
Cheap Crude Tests U.S. Shale’s Breaking Point
Drilling in the U.S. shale patch is starting to slow down amid weaker oil prices and cost uncertainty…
Turkey Eyes Oil & Gas Exploration In Bulgaria, Iraq And Libya
Turkey is currently in talks to explore for oil and gas in Bulgaria, with similar plans for exploration…