Rigzone Industry News

The U.S. Transportation Department on Wednesday began distribution for this year's phase of a five-year $1-billion grant.

Last year, U.S. exports to the EU were 56 billion cubic meters.

A rally now would come just ahead of the busy summer driving season, when demand typically peaks.

A Republican bill to lower energy costs and reverse related climate policies of the Biden administration hurdled the lower house Thursday.

The U.S. shale patch may lose as much as 20 percent of its activity over the next year.

Last year's reduction alone was equivalent to the gas demand of 80,000 UK homes, according to the NSTA.

Total crude oil stocks in the U.S. rose 1.6 million barrels, or 0.2 percent, to 851.6 million barrels in the week ending March 10.

Energy executives and Biden administration officials in Houston had a simple message for Europe and other regions griping that U.S. climate spending will starve them of investment.

The U.S. Energy Information Administration lowered its Brent and West Texas Intermediate oil price forecasts for 2023.

The U.S. dropped four rigs week on week.