Investing in Oil and Gas: Strategies, Risks, and Opportunities
Delving into the realm of oil and gas investments can be a highly lucrative endeavor for those equipped with the right knowledge and strategies. This...
Exploration & Production
North America Rig Gain Run Stretches to 11 Weeks
North America added five rigs week on week, according to Baker Hughes' latest rotary rig count....
Angola’s OPEC Exit, Amid Quota Dispute, Shakes Global Oil Markets
Angola, Africa’s second-largest oil producer, left OPEC after a lengthy dispute over its production quota, ending its 16-year membership. The withdrawal, announced by Oil Minister...
Is Inflation a Roadblock or Catalyst for Renewable Energy Development?
by Emily Newton
As many areas of the world experience renewable energy inflation, some professionals wonder whether rising costs will slow clean energy’s momentum. Conversely, could decision-makers cut...
Chevron Moving Headquarters from Northern California to Houston
Chevron said Friday it would relocate its headquarters to Texas from California, continuing an exodus of oil companies from the state due to higher taxes,...
Bipartisan Energy Permit Reforming Act Wins 15-4 Vote
by Nick Vaccaro
The Senate Energy and Natural Resources (ENR) committee recently announced a massive win with a bipartisan vote of 15-4, pushing the Energy Permitting Reform Act...
BofA Report Says Oil’s Bermuda Triangle Is Nearing an End
'Oil prices have been trading in a narrowing range, or a triangle pattern, for over a year now', the BofA Global Research report stated....
USA Upstream Merger Activity Hits Nearly $90B Year to Date
EIR revealed that U.S. upstream M&A activity 'notched its third consecutive quarter of heightened value with more than $30 billion transacted'....
USA Industry Body Flags Upstream Oil and Gas Employment Drop
'Operational efficiencies are driving strong production with fewer rigs, which can translate to declining industry job numbers', TXOGA's President said....
US to Drive 60 Pct of Non-OPEC Output Growth in 2024
Oil production in the United States' main oil-producing basin is poised to slow down this year but the country would still account for 60 percent...