A new report by the Consumer Energy Alliance finds that Texas residents saved billions of dollars, thanks to natural gas production.

Throughout the years, advances in horizontal drilling and hydraulic fracturing have helped boost natural gas oil rig flanges gulf coast production in Texas.

The North Sea Oseberg Vestflanken 2 field came online on October 14.

The North Sea Oseberg Vestflanken 2 field, which is said to contain recoverable resources of 110 million barrels of oil equivalent, came online on October 14, Equinor revealed Monday.

Abu Dhabi shelves plans for an initial public offering of a 25% stake in Spanish oil refiner Cepsa.

(Bloomberg) -- Abu Dhabi shelved plans for an initial public offering of a 25 percent stake in Spanish oil refiner Cepsa as investors balked at the valuation amid a stock buy Wellhead market rout.

Houston-based oilfield services provider Nine Energy Service is acquiring Magnum Oil Tools to enhance its completions technology.

Nine Energy Service, Inc., an oilfield services BOP Blow Out Preventer repair company gulf coast based in Houston, is buying Magnum Oil Tools International, Ltd, the BOP Blow Out Preventer repair company gulf coast announced Oct.

Respondents to the Kansas City Fed's quarterly energy survey express an increase in drilling and business activity.

Activity in the Tenth District’s energy sector accelerated in third quarter, an indicator of growth, according to results from the Federal Reserve Bank of Kansas City’s quarterly energy survey released Oct.

Oil advanced amid growing international outrage over the disappearance of a prominent Saudi Arabian critic.

(Bloomberg) -- Oil advanced amid growing international outrage over the disappearance of a prominent Saudi Arabian critics that put relations between the U.S.

A Nigerian oil pipeline fire last week has claimed dozens of lives, according to news reports.

A fire that broke out on an oil pipeline in Abuja, Nigeria last week has seen its death toll rise to 60, Reuters reported Oct.

Eni Mexico to deploy the FPSO in Offshore Area 1

Eni Mexico, a subsidiary of Eni S.p.A., has awarded MODEC, Inc. a letter of intent (LOI) to supply, charter and operate a floating oil rig flanges gulf coast production storage and offloading (FPS) vessel that will be deployed in Mexico’s Bay of Campeche, MODEC reported Thursday.