US

Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.

Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.

The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.

The Federal Reserve Bank of Dallas’ second-quarter energy survey reports improved business conditions, despite a mixed outlook on oil prices and input costs.

Disputes over tanker fees and the ongoing military operation in Lebanon represent potential fault lines for the tentative peace deal.

The collaboration aims to provide a dedicated land rig for geothermal wells in the US.

The acquisition establishes a unified North American upstream analytical data set with the goal of streamlining capital allocation decisions.

A Dallas Fed survey update suggests few executives foresee a strong US production response, even with oil prices above $90/bbl.

The US Department of Energy and Pennsylvania Department of Environmental Protection will convert a horizontal Utica Shale gas well into an enhanced geothermal system. Building directly on horizontal drilling and completion practices developed in the Utica, the project will include evaluation of optimal well orientation, lateral placement, and spacing.

Analysts weigh near‑term risks for Middle East oil and gas producers after a tentative 2‑week ceasefire between the US‑Israeli coalition and Iran.