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(The Center Square) – Job growth in the Texas oil and natural gas industry continues to remain strong, contributing to Texas again leading the U.S. in job growth last month. In October, the ...
Natural gas (NG=F) prices are on track to close out the year in negative territory. But there's optimism for 2025, largely because of exports overseas and more demand stemming from artificial ...
WASHINGTON - President-elect Donald Trump on Saturday said he plans to nominate oil industry executive Chris Wright, a 2024 campaign donor and skeptic on climate change science, to lead the ...
Net income of the global oil and gas industry reached a record US$4 trillion in 2022. [71] After recovering from the COVID-19 pandemic , energy company profits increased with greater revenues from higher fuel prices resulting from the Russian invasion of Ukraine , falling debt levels, tax write-downs of projects shut down in Russia, and backing ...
Top 5 oil-producing countries 1980–2022 World oil production This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
Environmental Protection Agency illustration of the water cycle of hydraulic fracturing. Fracking in the United States began in 1949. [1] According to the Department of Energy (DOE), by 2013 at least two million oil and gas wells in the US had been hydraulically fractured, and that of new wells being drilled, up to 95% are hydraulically fractured.
Thirty-one U.S. states now have average gas prices below $3 a gallon. U.S. oil price levels of $70 or less “are great for consumers,” said AAA spokesman Andrew Gross.
The newspaper was founded in 1996 to compete with well-established rivals including Oil & Gas Journal, Petroleum Intelligence Weekly, and Offshore Engineer. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry.
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