Last week, Brent crude closed at $88.26, up from $75.22 the previous week. WTI finished at $82.47, compared with $71.51, while September Oman crude futures settled at $80.97.

With $500 million in new backing and full commercial subscription, Glenfarne’s 4 mtpa Texas LNG project is near FID amid global supply crunches.

Refinery demand by insulated truck tank to Salt Lake City is capped at about 100,000 bbl/d. New rail takeaway out of the Uinta Basin has allowed producers to produce more than 200,000 bbl/d currently.

Tailwater Capital is funding the Pickton Gas Storage, a natural gas infrastructure platform led by the former management team of NorTex Midstream Partners.

U.S. energy M&A activity plunged to $6.3 billion in 2Q, down 84% from the prior quarter, as Iran war-driven oil price volatility sidelined buyers and sellers.

Exxon relinquished more than 70 federal offshore leases while advancing Gulf Coast CCS projects as offshore carbon storage regulations remain unfinished.

Sempra has expanded the West Coast's LNG export base, sending its first shipment from Baja California in Mexico. The terminal is supplied by U.S. gas.

Oil and Gas Investor presents the 2024 Influential Women in Energy honorees. Now in its seventh year, this program recognizes 36 extraordinary leaders based on their numerous professional ...

Patterson-UTI, Halliburton and Novi Labs data show longer laterals, rising costs and AI-driven gains are shaping shale drilling efficiency in the Permian.

Oil climbed for a fourth day as the U.S. carried out another round of attacks on Iran in a bid to secure shipping through the Strait of Hormuz.

Kodiak Gas Services and Baker Hughes agreed to a multi-year power supply contract to support Kodiak's Data Center expansion initiative.

Eagle Ford producer WildFire Energy's wells average up to 15,396 boe per 1,000 lateral ft in their first year, up to 95% oil.