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Oil rose on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to 10 percent, which would be the strongest performance in the final month of the year in six years. Brent crude oil futures were up 32 cents on […]
I would like to take a minute to give credit where credit is due. As founder of Oilfield1.com I have the pleasure of networking and connecting with thousands of oilfield professionals. I have been very fortunate to connect with a handful of people who really stand out and […]
U.S. energy companies this week added oil rigs for a seventh week in a row, extending a seven-month drilling recovery as crude prices held near a 17-month high. Drillers added 12 oil rigs in the week to Dec. 16, bringing the total count to 510, the highest since […]
U.S. shale production is set to snap a five-month decline in January, the U.S. government said on Monday, a move that comes just days after OPEC and rival producers agreed to reduce crude output in an effort to boost prices. The month-on-month increase in production would be the […]
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Police and about 400 people who were protesting the Dakota Access Pipeline clashed Sunday evening as demonstrators set fires and law enforcement officers fired rubber bullets, tear gas and water at the crowds, authorities said.
The US Geological Survey said Tuesday that it found what could be the largest deposit of untapped oil ever discovered in America. An estimated average of 20 billion barrels of oil and 1.6 billion barrels of natural gas liquids are available for the taking in the Wolfcamp shale, which […]