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Crude Oil
Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension
Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of…
OPEC
OPEC+ Sticks to Oil Output Plan After Trump’s Price Demand
An OPEC+ panel on Monday reaffirmed the oil cartel’s plan to gradually hike output starting from April, after US President Donald Trump called for lower p…
Crude Oil
WTI Oil Prices Down as Trump Agrees to Pause Tariffs on Mexico, Canada
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024U.S. West Texas Intermediate (WTI) crude prices were …
Oil Refinery
Lyondell to Begin Closure of Houston Refinery This Weekend, Sources Say
A general view of the Lyondell-Basell refinery in Houston, Texas February 1, 2015.LyondellBasell Industries (LYB.N), opens new tab will begin the permanent clos…
Oil Price
Oil Prices Hold as Trump Declares Energy Emergency
Oil prices were little changed on Wednesday as markets weighed U.S. President Donald Trump's declaration of a national energy emergency on his first day in …
Crude Oil
Extreme Cold Disrupts North Dakota Oil and Natural Gas Production
The extreme North Dakota cold is known to disrupt several industries, including the production of oil and natural gas.As of Tuesday morning, oil production is e…
Crude Oil
Helmerich & Payne Completes Acquisition of KCA Deutag
Helmerich & Payne, Inc. (H&P or the Company) today announced that it has completed its acquisition of KCA Deutag International Limited (KCA Deutag), establishin…
Crude Oil
EPA Grants West Virginia Class VI Well Primacy
EPA grants West Virginia Class VI well primacyThe US Environmental Protection Agency (EPA) has granted West Virginia primary enforcement responsibility of Class…
Oil Price
Oil Up, Heads for 4th Weekly Gain as U.S. Sanctions Hit Supply
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024.Wedoany.com Report-Jan 17, Oil prices rose on Friday…
Oil&Gas Drilling
Biden Administration Moves to Protect More of Alaska Refuge From Drilling
Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023.Wedoany.com Report-Jan 17, President Joe Biden's administratio…
Oil Price
Oil Little Changed as Falling US Stockpiles Outweigh Soft Demand Outlook
Crude oil production in KazakhstanOil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectation…
Oil Price
EIA Expects Oil Prices to Be Under Pressure From Oversupply in 2025, 2026
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023.Oil prices will be under press…
Oil Field
Atlas Announces First Commercial Sand Delivery From Permian, Enhancing Oilfield Logistics
Atlas Energy Solutions Inc. today announced the first commercial delivery of sand off its Dune Express conveyor system in the Permian basin. The sand was origin…
Crude Oil
Well Malfunction Causes Bowman County Spill
A malfunction in a well caused produced water and crude oil to spill in Bowman County.State regulators said about 235 barrels of produced water and 15 barrels o…
Oil Pipeline
Enbridge Preps Pipeline Buildout for Trump-Driven Drilling Boom
Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling …
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