Baker Hughes' U.S. rotary drilling rig count was 547 on June 27, down by seven from the previous week -- the ninth consecutive week of drops. The count was down by 34 from 581 a year ago, down by ...

An underlying message from the Energy Institute's Statistical Review of World Energy for 2024 is that, while the year saw a significant surge in global energy demand, the manner in which energy was ...

ASRC Energy Services Alaska has received authority from the Alaska Department of Natural Resources' Division of Oil and Gas to extend its methane hydrate production test program at the 7-11-12 pad on ...

Alaska North Slope production averaged 479,361 barrels per day in May, up 0.3%, 716 bpd, from an April average of 477,907 bpd and up 3.96% from a May 2024 average of 461,101 bpd. Crude averaged ...

Donkel Oil and Gas submitted a plan of exploration, or POE, for the Greater Point Thomson unit, or GPTU, as part of its application to form the unit (see related stories in last week's Petroleum News) ...

Construction Machinery Industrial LLC said June 17 that Volvo Construction Equipment recently announced a significant expansion of its manufacturing footprint in North America, investing $261 million ...

Three North Slope facility projects are approved or in the works, according to the Alaska Department of Natural Resources' Division of Oil and Gas. The division has approved ConocoPhillips Alaska's ...

The Regulatory Commission of Alaska has approved the first tranche of reliability standards developed by the Railbelt Reliability Council for the Railbelt electricity generation and transmission ...

The Alaska Oil and Gas Conservation Commission is proposing to fine Hilcorp Alaska $88,000 for perforating two Beluga River wells, BRU 241-23 and BRU 211-35, at shallower depths than those approved.

Cook Inlet natural gas averaged 193,855 thousand cubic feet per day in May, down 252 mcf per day, 0.13%, from an April average of 194,107 mcf per day and down 4.97% from a May 2024 average of 203,995 ...

Alaska North Slope crude surfed near to but not below $70 per barrel after a crude price plunge -- precipitated by a shrinking war premium -- spawned a trading week that saw West Texas Intermediate ...

Point Thomson operator Hilcorp Alaska is planning work at the unit to prepare for future drilling activity. No date is given for drilling, but projects to prepare for drilling are in 2025 and 2026, ...