The Latest

Chevron Sees Tech Improvements Expanding its Portfolio

Chevron Corp.’s startup at Ballymore, offshore Louisiana, was its third major project to come online in the past year.

Hess Dishes on First 4-Mile Bakken Wells in North Dakota

Hess Corp. landed its first 4-mile laterals in North Dakota’s Bakken Shale in February, part of a broader “shale evolution” underway in the Williston Basin, the company said.

EPA Chief: ‘Do Not Underestimate President Trump’ on Tariff Outcomes

Lee Zeldin, the Environmental Protection Agency’s administrator, as well as other cabinet members said President Donald Trump’s tariff negotiations will improve, rather than diminish, the U.S.’ business outlook.

What's Affecting Oil Prices This Week? (April 28, 2025)

Recent news is increasing the uncertainty associated with the ability of members of OPEC+ to maintain cooperation and agreement on future production quotas.

‘Move Fast and Break Things’ is Making an Administrative Mess

Applying Silicon Valley ethos to a superpower’s governance is unlikely to be a successful strategy.

Oil Prices Stable Amid Economic Uncertainty, OPEC+ Supply Fears

Oil prices were stable on April 28 as investors weighed up uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, as well as the prospect of OPEC+ raising supply.

If US Cancels, US Pays: Interior’s Burgum Calls for Sovereign Risk Insurance

With a sovereign risk insurance in place, a president cancelling a permit “would have to say ‘We're canceling this thing by fiat, but you get your money back that you've invested,” Interior Secretary Doug Burgum told energy industry members in Oklahoma City.

Amplify Energy Cancels PRB, D-J Deal on ‘Extraordinary Volatility’

Amplify Energy terminated an acquisition of oil-weighted assets in the Powder River and Denver-Julesburg basins from Juniper Capital after Amplify’s stock fell 58% since the deal was announced.

SLB Sees Short-Term Softening, Long-Term Rebound in Oil & Gas

SLB Ltd. says customers are likely to behave cautiously amid global trade concerns this year, but the future looks brighter in the long term.

Ring Energy Slashes 2Q Capex by 50% After Oil Price Collapse

Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.