Results 50 articles shown
Oil Prices Rise on Eased Trade Tensions
Analysts indicate the truce removed $3–$5 of downside from oil prices.
4:16 PM EST | May 12, 2025
Equinor Weighs Killing NY Wind Farm After White House Visit
A termination would cause the company to lose much of its $2.7 billion investment on the project.
4:00 PM EST | May 12, 2025
USA EIA Cuts Henry Hub Natural Gas Price Forecast for 2025
The U.S. Energy Information Administration has reduced its Henry Hub natural gas spot price forecast for 2025 in its latest short term energy outlook.
10:33 AM EST | May 12, 2025
APA to Slow Down Activity amid Price Volatility
APA said it is lowering its 2025 spending plan by $175 million to protect cash flow amid uncertainty in commodity prices.
9:16 AM EST | May 12, 2025
Shell's LNG Canada Plans First Exports as Soon as Late June
Shell Plc's liquefied natural gas project in Canada, the country's first large-scale export terminal for the fuel, is preparing to begin overseas sales as soon as late June.
8:59 AM EST | May 12, 2025
Murphy Discovers More Oil in Cuu Long Basin offshore Vietnam
'The Lac Da Hong (Pink Camel) discovery, combined with the recently announced Hai Su Vang (Golden Sea Lion) discovery, deepens our understanding of the resource potential in our Cuu Long Basin blocks'.
8:04 AM EST | May 12, 2025
Alliance Energy Acquires 18 Propane Terminals from NGL Energy
The propane terminals are strategically located across multiple regions.
8:00 AM EST | May 12, 2025
Constructive USA-China Tone Lifts Market Sentiment
Crude oil prices rose on Monday, extending their rebound, Inki Cho, Financial Markets Strategist Consultant to Exness, stated in a market analysis sent to Rigzone today.
7:00 AM EST | May 12, 2025
WhiteHawk Energy to Acquire PHX Minerals for $187MM
WhiteHawk will add approximately 1.8 million gross unit acres of premier natural gas mineral and royalty assets, significantly expanding its footprint in the core of the Haynesville Shale.
7:00 AM EST | May 12, 2025
JP Morgan Says Oil Demand in Early May 'Indicates Tepid YoY Growth'
'We anticipate that oil demand will likely improve in the coming weeks', analysts at J.P. Morgan said.
5:32 AM EST | May 12, 2025
Alliant Energy Profit Beats Expectations
Alliant Energy posted $213 million in net income for Q1, up from $158 million for the same three-month period last year as power and gas utility revenue rose.
4:08 AM EST | May 12, 2025
Iberdrola Sells UK Smart Metering Unit to Macquarie
Iberdrola inked a deal to divest SPSMAL to Macquarie for about $1.2 billion.
2:40 AM EST | May 12, 2025
Aramco Profit Drops with Weak Oil Signaling More Strain
Q1 net profit slipped 4.6 percent to 97.5 billion riyals ($26 billion).
2:30 AM EST | May 12, 2025
LandBridge Posts Higher Revenue
LandBridge reported $44 million in revenue for Q1.
7:00 AM EST | May 11, 2025
Adnoc Drilling CFO Sees $500MM of Acquisitions This Year
The drilling unit of the United Arab Emirates' biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million.
8:00 AM EST | May 10, 2025
Oman Said to Consider Selling Stake in $8B Gas Fields
Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan.
4:00 PM EST | May 09, 2025
WTI Tops $61 on Trade Hopes
Oil rose as short sellers exited and optimism grew ahead of US–China trade talks.
3:33 PM EST | May 09, 2025
ConocoPhillips Sells $1.3B Worth of Assets
These count toward a divestiture goal of $2 billion that the oil and gas major expects to complete in the first half of 2025.
11:01 AM EST | May 09, 2025
USA EIA Lowers WTI Oil Price Forecasts
The U.S. Energy Information Administration lowered its West Texas Intermediate spot average price forecasts for 2025 and 2026 in its latest short term energy outlook.
10:38 AM EST | May 09, 2025
Occidental Completes $1.3B Sale of DJ Basin, Permian Assets
Proceeds helped the hydrocarbons and chemicals producer repay $2.3 billion of debt.
10:30 AM EST | May 09, 2025
Ukrainian Parliament Ratifies Natural Resources Deal With USA
Ukraine's parliament ratified a deal with the U.S. over access to the country's natural resources.
9:00 AM EST | May 09, 2025
Chevron Reveals Q1 Net Oil Equivalent Production Level
'U.S. net oil-equivalent production was up 63,000 barrels per day from a year earlier', Chevron noted.
7:25 AM EST | May 09, 2025
Suncor Profit Up on Record Refining Sales
The Calgary-based oil sands developer, which also explores for and produces oil and gas offshore, produced 853,200 bpd upstream and sold 604,900 bpd of refined products in Q1.
6:48 AM EST | May 09, 2025
CIP to Invest $500 Million in BKV CCUS Projects
BKV and CIP agreed to form a JV on carbon capture, utilization and storage in the U.S.
4:42 AM EST | May 09, 2025
USA Crude Oil Inventories Drop Week on Week
Crude oil stocks, not including the SPR, stood at 438.4 million barrels on May 2, the U.S. Energy Information Administration's latest weekly petroleum status report showed.
4:22 AM EST | May 09, 2025
Oceaneering Secures Multi-Year GTA Job from BP
The contract includes the provision of subsea inspection, maintenance, and repair services and remotely operated vehicle services, as well as management, engineering, and integration services.
3:15 AM EST | May 09, 2025
China Teapots Make Rare Murban Oil Purchases
'With healthy simple margins, independent refineries in China are taking this opportunity to buy incremental crude to increase run rates'.
2:39 AM EST | May 09, 2025
Indian LNG Buyers Embrace USA Benchmark to Balance Volatility
Indian liquefied natural gas importers have signed a flurry of long-term purchase agreements linked to the U.S. price benchmark.
4:00 PM EST | May 08, 2025
Oil Gains 3% as Trade Hopes Rise
Falling US inventories and bullish options activity provided further support for oil prices.
3:48 PM EST | May 08, 2025
Devon Sells Stake in Permian Gas Pipeline
Devon and Ridgemont are divesting their interests in a natural gas pipeline serving the Permian Basin with a capacity of about 2.5 Bcfd.
11:38 AM EST | May 08, 2025
Permian Resources to Acquire APA Delaware Basin Assets for $608MM
Midland, Texas-based oil and gas developer Permian Resources expects the acquisition to add about 12,000 boed in Q2.
11:32 AM EST | May 08, 2025
EIA Cuts 2025 and 2026 Brent Oil Price Forecast
The U.S. Energy Information Administration cut its average Brent oil spot price forecast for 2025 and 2026 in its latest short term energy outlook.
10:25 AM EST | May 08, 2025
BP-Shell Megadeal Would Create European Rival to Exxon Mobil
If Shell Plc were to acquire BP Plc, it would be among the largest deals in European history.
10:09 AM EST | May 08, 2025
Shell Dutch Wind Farm Gets New Lease on Life with Google Deal
'We purchased 100 percent of the wind farm's 108-megawatt capacity, which enabled Shell to pursue permit extensions and invest in crucial upgrades'.
8:02 AM EST | May 08, 2025
Woodfibre LNG to Add 900 Staff, Applies for Second Housing Floatel
The application seeks regulatory approval to moor a second floatel adjacent to the current floatel, the MV Isabelle X, to add approximately 900 employees to the construction project.
8:00 AM EST | May 08, 2025
Standard Chartered Says OPEC+ Policy 'Explained by 2 Main Factors'
It is very easy to fall for the temptation of layering various types of conspiracy theories together as explanations of changes in OPEC+ policy, analysts at Standard Chartered Bank said.
7:47 AM EST | May 08, 2025
Harbour Energy Expects to Cut Around 250 Jobs
Harbour Energy has told Rigzone that it expects to cut around 250 jobs.
5:47 AM EST | May 08, 2025
Marubeni to Invest in ExxonMobil Ammonia Project in Texas
The Japanese diversified company also agreed to buy about 250,000 metric tons a year of ammonia from the planned project.
5:41 AM EST | May 08, 2025
Impairment Hurts Ovintiv Results
Ovintiv reported a net loss of $159 million for Q1.
4:21 AM EST | May 08, 2025
Aster Acquires Chevron Phillips Singapore Chemicals
Aster will take over a 400,000 tons per annum high-density polyethylene manufacturing facility on Jurong Island.
3:15 AM EST | May 08, 2025
Russia Budget Gap Widens as Oil Revenue Falls for Third Month
The monthly shortfall reached RUB 1.05 trillion ($13 billion) after being in surplus a month earlier.
2:30 AM EST | May 08, 2025
Oil Drops on Powell Rate Comments
Oil prices fell after Fed Chair Powell signaled no rush to cut rates.
4:01 PM EST | May 07, 2025
EPCOR Sells Texas Gas Utility to SiEnergy
The divestment is part of EPCOR's drive to focus on water opportunities in Texas.
11:24 AM EST | May 07, 2025
India's First Offshore Decommissioning Project Completed
The Panna-Multa and Tapti joint venture partners completed India's first offshore facilities decommissioning project.
10:52 AM EST | May 07, 2025
Why Is the USA Natural Gas Price Rising?
Rigzone talks to several analysts.
10:48 AM EST | May 07, 2025
BKV to Develop CCUS Projects at Comstock's Gas Facilities
BKV Corporation and Comstock Resources, Inc. have entered into an exclusive, non-binding agreement.
8:00 AM EST | May 07, 2025
Sunoco to Buy Parkland Corp in $9B Deal
Sunoco LP announced that it will acquire Parkland Corporation in a transaction valued at $9.1 billion.
7:26 AM EST | May 07, 2025
US DOE Pauses Fossil Fuel Ban on New Federal Buildings
The DOE has shelved a Biden administration rule that mandates U.S. federal agencies to design only fossil fuel-free buildings starting 2030.
7:17 AM EST | May 07, 2025
Valaris at a Loss on Tax Expense
Valaris reported a net loss of $39 million for the first quarter of 2025, hurt by a tax expense of $194 million.
6:31 AM EST | May 07, 2025
Macquarie Strategists Forecast USA Crude Inventory Build
In an oil and gas report sent to Rigzone late Monday by the Macquarie team, Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up for the week ending May 2.
4:10 AM EST | May 07, 2025
Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles
for this category, region, and date range combination.For more articles,
please perform an Advanced Article Search.