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Wednesday, 20 March 2019 03:42

Oil Majors Rush to Dominate US Shale

In New Mexico's Chihuahuan Desert, Exxon Mobil Corp is building a massive shale oil project that its executives boast will…
Wednesday, 20 March 2019 03:03

US Lease Sale a Test for Drilling Demand

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico…
Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed…
Friday, 15 March 2019 12:22

Rising US Oil Clout on Show in Houston

A glance at the attendee list at one of the world's largest energy industry events in Houston this week left…
Friday, 15 March 2019 08:13

US Rig Count Lowest Since April 2018

U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row with…
Thursday, 14 March 2019 16:39

U.S. Natural Gas Production Sets New Record

According to the U.S. Energy Information Agency (EIA), US natural gas production registered an increase by 10.0 billion cubic feet…
Monday, 11 March 2019 16:40

US to Lead Oil Supply Growth to 2024

The United States is set to drive the global oil supply growth over the next 5 years, thanks to the…
U.S. energy firms this week cut the number of oil rigs operating for a third week in a row to…
Friday, 08 March 2019 05:12

Oil Drops 3 pct, U.S. Supply Surges

Oil prices fell about 3 percent on Friday and were set for a second straight week of declines after disappointing…
Thursday, 07 March 2019 18:00

US to Overtake Saudi in Oil Exports

United States will soon export more oil and liquids than Saudi Arabia, thanks to the continued rise in oil production…
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