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Oil rose 1.4% after three weeks of declines set the stage for a relief rally. West Texas Intermediate settled above $78 a barrel Monday.
The BLM NM State Office opened a 30-day public scoping period to receive public input on four oil & gas parcels totaling 6,972 acres.
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US crude oil production hit a monthly record in Aug 2023, with an average output of 13.05 million bpd, breaking previous month’s record.
Chevron’s $53 billion acquisition of Hess Corporation expands its assets in Guyana and the U.S. Bakken shale.
Unlock the Value of Mineral Rights: A Complete Guide. Learn how to buy and sell mineral rights, key factors, and advanced strategies for success.
ExxonMobil (XOM 0.31%) earned an impressive $9.1 billion in the third quarter. Meanwhile, cash flow was even higher at $16 billion.
Escalation of Israel-Hamas war into Middle East-wide conflict would disrupt oil supplies and stoke food prices, says World Bank
Choosing Property Ownership: Fee Simple vs. Leasehold Explained. Discover key differences and factors to make an informed real estate decision.
