USA Crude Oil Inventories Drop More Than 3MM Barrels WoW
Crude oil stocks in the U.S., not including the SPR, stood at 445.1 million barrels on July 5, according to the EIA....
Exploration & Production
Biden Admin Denied a Houston Grid Upgrade Request. Then Hurricane Beryl Knocked Out Power for Millions
The Biden administration turned down a Houston utility’s request for funding to upgrade grid infrastructure before Hurricane Beryl knocked out power in the city this...
Gains in Oilfield Services Sector Outpace 2023 Growth
In June 2024, the U.S. oilfield services sector experienced an increase in job gains, with a gain of 968 jobs, according to preliminary data from...
Offshore Decommissioning Market is Paved by Rising Oilfield Decommissioning Activities
The offshore decommissioning market provides a wide range of services and solutions for the decommissioning of offshore oil and gas......
New UK Secretary of State for Energy Security Outlines Priorities
Ed Miliband, the UK's new Secretary of State for Energy Security and Net Zero, has outlined his priorities in a message to staff....
Oil Prices Edge Lower After Beryl Leaves Energy Infrastructure Largely Unscathed
Oil futures lost ground Tuesday after Hurricane Beryl appeared to leave Texas energy infrastructure with little damage....
Where Will WTI and Henry Hub Prices Land in the Near and Mid-Term?
As part of the latest Dallas Fed Energy Survey, executives from oil and gas companies revealed where they expect the WTI and Henry Hub prices...
Taylor Sheridan’s Landman Sets Premiere Date on Paramount+
Paramount+ has dropped the premiere date for Landman, its upcoming oil drama from Taylor Sheridan and starring Billy Bob Thornton....
BMI Reveals Latest Oil Price Forecast
'Price performance in the year to date has been slightly weaker than we had anticipated', BMI analysts said....
Regional Oil Output Little Changed in Q2, Says Dallas Fed
Oil and gas activity in Texas, Louisiana and New Mexico rose modestly in the second quarter of 2024, the Federal Reserve Bank of Dallas said...