(The opinions expressed here are those of the author, a columnist for Reuters.) * Saudi-led OPEC+ to sharply increase output by June * Riyadh appears willing to enter price war * Signs that oil demand could be hit due to trade wars By Ron Bousso LONDON, May 6 – Saudi Arabia has signalled that it …
Saudi Arabia Can Control Oil Supply. Demand Could be its Achilles Heel: Bousso Read More »
Here’s a roundup of the latest E&P headlines, including a new robotic manufacturing system and a learning platform for drilling contractors on the way in 2026.
Construction financing was secured for the 104-megawatt Ostrea Solar project in Washington, Cypress Creek Renewables says.
While SM Energy has no plans to pare its oil-focused D&C plans, it could redirect iron and pressure pumping to its gassier and NGL-rich South Texas property if WTI tumbles below $50.
MIDLAND, Texas, May 05, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2025. FIRST QUARTER 2025 AND RECENT HIGHLIGHTS Average oil production of 475.9 MBO/d (850.7 MBOE/d) Net cash provided by operating activities of $2.4 billion; Operating Cash …
Diamondback Energy, Inc. Announces First Quarter 2025 Financial and Operating Results Read More »
(Reuters) – Drivers in California pay higher prices at the pump than any other state in the country due to supply issues, costs from environmental compliance and fuel requirements, and high state taxes and fees, the U.S. Energy Information Administration said on Monday. In March, costs from Californian environmental programs such as Cap-and-Trade and the …
Supply Issues, Compliance Costs Drive up California Fuel Prices, EIA Says Read More »
U.S. shale’s progress is “in jeopardy” due to low prices, volatility and tariff uncertainty, Diamondback CEO Travis Stice said: “It is likely that U.S. onshore oil production has peaked and will begin to decline this quarter.”
Chad Zamarin, Williams Cos.’ executive vice president of corporate strategic development, will succeed Alan Armstrong as president and CEO, effective July 1.
Subsidiaries of energy major TotalEnergies have applied for an environmental permit for a $16 billion green hydrogen and ammonia project in southern Chile.
Lightweight proppants engineered from refinery coke are giving Exxon an up to 15% lift in Permian EURs. “We generally surprised ourselves with the improvements,” CEO Darren Woods said.
