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....
Oil and Gas News
Reuters Events Launch 2024 Edition of Hydrogen Event: Hydrogen North America 2024
Secure Capital and Long-Term Offtake to Scale Your Hydrogen Projects. Houston, December 4–5 – Reuters Events: Hydrogen North America 2024, the industry’s premier executive event, returns to Houston,...
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...
Post Oak Minerals Acquires $475 Million of Permian Basin Focused Minerals & Royalties
HOUSTON--(BUSINESS WIRE)--Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), today announced that it has completed 10...
Permian to Buy Occidental West Texas Assets for $817.5M
Permian Resources Corp. will buy some of Occidental Petroleum Corp.’s West Texas assets for $817.5 million, it said in a statement....
Geothermal Firm Partners with Petrobras for Drilling Tech
The collaboration aims to enable deep and complex offshore wells to be drilled from a light well intervention vessel....
Top 10 Oil and Gas Companies Shaping the Global Energy Landscape
As the world grapples with the complexities of energy transition, the top 10 oil and gas companies continue to play a pivotal role. These industry...
Solving the Oil and Gas Labor Shortage
by Matt Fuhrman
As the entire energy spectrum experiences labor woes, the oil and gas industry is on the hunt for a solution to its ongoing talent shortage....