Alex Mills
Demand for Oil and Natural Gas Continues to Set Records
The demand for crude oil and natural gas in the U.S. and around the globe continued at a record pace through the first half of 2024,…
August 8, 2024 · By Alex Mills
Oil & Gas
The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
Exploration & Production
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 sector,…
August 7, 2024 · By Energies Media Staff
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.
August 6, 2024 · By Energies Media Staff
News
UKOG Raises Funding for Planned Hydrogen Storage Projects
The proceeds will be directly employed to 'further specific activities required to materially advance the company's hydrogen storage projects'.
August 6, 2024 · By Energies Media Staff
News
BMI Lowers Global Diesel Price Forecast
'We anticipate diesel prices to head lower in Q3 2024 before picking up in Q4 2024', BMI analysts said.
August 6, 2024 · By Energies Media Staff
Contributors
National Energy Talk Episode 30: NY Times Best Selling Author, Alex Epstein – Q&A on Fossil Energy Future
In this episode, Alex Epstein’s Q & A hosted by Mark A Stansberry focuses on fossil energy future issues… www.alexepstein.com. This episode is sponsored by David…
August 6, 2024 · By Mark Stansberry
Exploration & Production
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 Diamantino…
August 6, 2024 · By Abdulwaheed Sofiullahi
News
Oil Prices Continue Downtrend
'Worries about a potential U.S. recession outweighed concerns about supply disruptions from rising tensions in the Middle East'.
August 5, 2024 · By Energies Media Staff
Career
Elevate Your Career: Actionable Advice for Professional Growth
Today, someone reached out to me for advice on advancing their career in the energy sector. With their solid experience, certifications, and education, they’re already on…
August 4, 2024 · By Roy O. Christensen
Career
Navigating a Career in Oil and Gas: Strategies and Opportunities
Embarking on a career in oil and gas can be as rich and complex as the energy sources. With global demand for energy on the rise,…
August 3, 2024 · By Energies Media Staff
Exploration & Production
Is Inflation a Roadblock or Catalyst for Renewable Energy Development?
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 expenses…
August 3, 2024 · By Emily Newton
News
Calculating Cybersecurity Risks for Sustainable Energy Systems
The transition to a green economy based on sustainable power is steadily reducing society’s dependence on fossil fuels, but it is also ratcheting up cybersecurity risks…
August 2, 2024 · By Jose Seara
Exploration & Production
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, stricter…
August 2, 2024 · By Energies Media Staff
News
Blackline Safety Launches Awards Program to Recognize Exemplary Safety Efforts
Blackline Safety Corp., a global leader in connected safety technology, has announced the launch of an international safety awards program to recognize individuals and organizations that…
August 1, 2024 · By Energies Media Staff
Exploration & Production
Bipartisan Energy Permit Reforming Act Wins 15-4 Vote
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 forward.…
August 1, 2024 · By Nick Vaccaro
News
Securing GenAI and Citizen Development in the Energy Sector
Citizen development and GenerativeAI (GenAI) make it easier and faster than ever to create powerful business applications and copilots. It’s helping users of all technical backgrounds…
July 31, 2024 · By Ben Kliger
Exploration & Production
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.
July 31, 2024 · By Energies Media Staff
Energy Scene
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, hosting…
July 31, 2024 · By Energies Media Staff
Exploration & Production
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'.
July 30, 2024 · By Energies Media Staff
Exploration & Production
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.
July 29, 2024 · By Energies Media Staff
Exploration & Production
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 of…
July 29, 2024 · By Energies Media Staff
Mergers and Acquisitions
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 acquisitions…
July 29, 2024 · By Energies Media Staff
Mergers and Acquisitions
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.
July 29, 2024 · By Energies Media Staff
Exploration & Production
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.
July 29, 2024 · By Energies Media Staff
Exploration & Production
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 giants…
July 28, 2024 · By Energies Media Staff
Education
Solving the Oil and Gas Labor Shortage
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. While…
July 27, 2024 · By Matt Fuhrman
Exploration & Production
Goldman Sachs Predicts Next President will Endure Challenges with Elevating 2025 Oil Supply
With each week that passes, the presidential race takes an unprecedented turn. What has captivated most of history with a less-than-exciting race between two parties has…
July 27, 2024 · By Nick Vaccaro
Energy Transition
UK Gov Announces ‘Unprecedented’ GB Energy Partnership
The partnership 'has the potential to leverage up to GBP 60 billion [$77.1 billion] of private investment into the UK's drive for energy independence', acc...
July 26, 2024 · By Energies Media Staff
Exploration & Production
How Dangerous Is Extreme Weather for Oil and Gas Companies In 2024?
Rigzone conducts exclusive interviews with the ex-IPAA Chief Economist, the Manager of Policy and Communications at the IER, and the President of Transvers...
July 26, 2024 · By Energies Media Staff
Downstream
Henry Hub Prices Crash Back Toward $2
Henry Hub natural gas prices have crashed back toward $2 on storage concerns, BofA analysts noted in a BofA Global Research report sent to Rigzone.
July 26, 2024 · By Energies Media Staff
News
USA Commercial Crude Oil Inventories Drop by Almost 4MM Barrels WoW
Crude oil stocks in the U.S., not including the SPR, were at 436.5 million barrels on July 19, according to the EIA.
July 25, 2024 · By Energies Media Staff
Contributors
National Energy Talk Episode 29: Loren Steffy, Publisher at Stoney Creek Publishing
In this episode, Loren Steffy talks about his many years in media, including his years as a journalist, reporter, writer, novelist, publisher, and podcaster. He highlights…
July 25, 2024 · By Mark Stansberry
Alex Mills
What are Kamala Harris’s Positions on Energy Issues?
Vice President Kamala Harris, who presumably will be the Democratic nominee for President following Joe Biden’s withdrawal last week, apparently is not a fan of America’s…
July 25, 2024 · By Alex Mills
Exploration & Production
Oil Prices Significantly Weaken Over Past Week
Oil prices have weakened significantly over the past week, analysts at Standard Chartered Bank said.
July 24, 2024 · By Energies Media Staff
Downstream
AVEVA and Meridian Energy Group Inc. Forge Partnership for World’s Cleanest and Most Advanced Crude Oil Refineries
/PRNewswire/ -- AVEVA, a global leader in industrial software driving digital transformation and sustainability, today announced a strategic partnership with...
July 24, 2024 · By Energies Media Staff
Exploration & Production
Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis Top M&A Legal Advisers in Oil and Gas Sector in H1 2024
Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the oil & gas sector during the…
July 24, 2024 · By Energies Media Staff
Investments
Citi and Evercore Top M&A Financial Advisers in Oil and Gas Sector in H1 2024
Citi and Evercore were the top mergers and acquisitions (M&A) financial advisers in the oil and gas sector during the first half (H1) of 2024 by…
July 24, 2024 · By Energies Media Staff
Downstream
The Impact of Wholesale Oil and Gas Prices: Exploring the Factors Driving the Market
Introduction to wholesale oil and gas prices As an experienced energy analyst, I have witnessed the profound impact that wholesale oil and gas prices have on…
July 24, 2024 · By Energies Media Staff
Exploration & Production
Australia to Grant New Exploration Permits for Offshore Gas, CCS
'As ageing coal generation comes offline in coming years, gas will continue to be needed to firm renewable energy generation and as a backup during peak…
July 23, 2024 · By Energies Media Staff
Exploration & Production
Manchin, Barrasso Unveil Bill to Ease Oil and Gas Permitting
The senior energy lawmakers introduced a legislative proposal to accelerate the permitting process for energy and mineral projects.
July 23, 2024 · By Energies Media Staff
Exploration & Production
Tackling Shrinking Workforces in Europe’s Oil and Gas Industry
Europe faces a pressing question: Can its economies continue to grow with a shrinking workforce? This issue is critical as Europe, the only continent experiencing demographic…
July 23, 2024 · By Adrian Park
Exploration & Production
Oil Markets Appear to be Lacking for Direction
Analysts at BMI, a unit of Fitch Solutions, noted that oil markets 'appear to be somewhat lacking for direction'.
July 22, 2024 · By Energies Media Staff
Exploration & Production
North America Adds Rigs for 9 Consecutive Weeks
North America added 10 rigs week on week, according to Baker Hughes' latest rotary rig count.
July 22, 2024 · By Energies Media Staff
Downstream
Downstream Oil and Gas: From Refining to Retail
In the complex world of the oil and gas sector, the downstream segment plays a pivotal role in delivering refined petroleum products to consumers, powering industries,…
July 22, 2024 · By Energies Media Staff
Career
Project Manager in the Oil and Gas Industry: Navigating Career Opportunities
Embark on a journey through the high-stakes world of oil and gas project management, where the blend of engineering prowess and strategic leadership shapes the energy…
July 21, 2024 · By Energies Media Staff
Business
Contracting in the Oil and Gas Industry – An In-Depth Guide
The oil and gas industry operates on a foundation of complex contracts, each tailored to manage the high stakes of energy production, from exploration to delivery.…
July 20, 2024 · By Energies Media Staff
News
Williams Companies CEO Touts Natural Gas Importance to AI Race
While Former President Donald Trump captivated the recent RNC audience with promises of a better life built upon the back of increased fossil fuel production, the…
July 20, 2024 · By Nick Vaccaro
News
UK Oil Regulator Opens Investigations into Missed Decom Deadlines
The NSTA warns that it is 'getting tough on operators who do not meet their regulatory obligations on well decommissioning'.
July 19, 2024 · By Energies Media Staff
News
Energy Hit Harder by Ransomware Attacks Than Other Sectors
Ransomware attacks on oil and gas companies and utilities are increasing in frequency and severity, with longer recovery times and more companies paying ransoms.
July 19, 2024 · By Energies Media Staff
Exploration & Production
A Snapshot of the Top Five Oil and Gas Companies and Their Share Prices
In the dynamic landscape of the oil and gas industry, several companies have emerged as titans, commanding respect and admiration from investors and industry experts alike.…
July 19, 2024 · By Energies Media Staff