US Renews License to Oil Service Firms in Venezuela Under Same Restrictions

The existing license was first granted in 2019 to Halliburton Co., Schlumberger NV, Baker Hughes Co., Weatherford International LLC and Chevron Corp.

wil vanloh

SUPER DUG: North American Oil, Gas Key to Net Zero, VanLoh Says [WATCH]

At the SUPER DUG conference in Fort Worth, Texas, Quantum Energy's Wil VanLoh sat down with Hart Energy's Nissa Darbonne to talk investment prospects in oil and gas and the future of decarbonization. 

Opportunities Still Persist in the Permian, Executives Say

Opportunities Still Persist in the Permian, Executives Say

M&A leaders talked about the opportunities that still exist in the Permian Basin during Hart Energy’s SUPER DUG event in Fort Worth, Texas.

Nissa Darbonne Clay Gaspar

SUPER DUG 2023: Devon Energy's Clay Gaspar Emphasizes Long-term Approach [WATCH]

Devon Energy's Clay Gaspar said he is looking at the future of Devon Energy with 'a 2030 and a 2040 mindset.'

What's Affecting Oil Prices

What's Affecting Oil Prices This Week? (May 22, 2023)

Oil prices increased thanks to a number of factors, including the U.S. debt limit, increased inventories of commercial crude and decreased inventories in the Strategic Petroleum Reserve. 

Oil Steady as US Default Risk Offsets Demand Outlook

Brent crude futures increased by $0.19, which brought the total price-per-barrel to $75.77, while U.S. West Texas Intermediate crude rose a total of $0.17, ending at $71.72 per barrel. 

top 100 E&Ps in U.S.

Ranked: The Top 100 Private E&Ps

Enverus ran the numbers and analyzed the most prolific private E&Ps in the Lower 48 and Gulf of Mexico.

Kimbell Royalty Partners Closes Permian Acquisition, Boosts Production Guidance

Kimbell Royalty Partners Closes Permian Acquisition, Boosts Production Guidance

Kimbell Royalty Partners is growing its oil weighting and full-year production guidance after acquiring more mineral and royalty interests in the Permian Basin.

Russian Oil and Gas Budget Revenues May Fall US$700MM in May

Russia's oil and gas revenues may reach 593 billion roubles, down from 648 billion roubles in April and 886 billion roubles in May 2022. 

Permian, Haynesville Driving U.S. Oil, Gas Production Growth

Permian, Haynesville Driving U.S. Oil, Gas Production Growth

The prolific Permian Basin will lead gains in both crude oil and natural gas production next month, according to new figures from the U.S. Energy Information Administration.