News

Kuwait is offering to sell its crude to refiners in Asia for the first time since the Iran war started.

New BP Plc Chief Executive Officer Meg O'Neill reorganized the energy giant's leadership and reporting structures.

North America added eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Wood Mackenzie 'found no consensus' on when the Gulf 'crisis' will be 'resolved' at its latest annual gas and LNG conference held in London recently, a statement sent to Rigzone by the company revealed.

Oil gave back most of Monday's gains today, Saxo Bank highlighted.

Weekly estimates suggest U.S. jet fuel production has increased to record highs in response to elevated jet fuel prices after the Strait of Hormuz closed on February 28. Higher crude oil prices and supply concerns, particularly in Europe and Asia, which p…

From 2016 to 2024, China's nuclear generation capacity increased 76% (24 GW), based on our International Energy Statistics (IES) data. According to the International Atomic Energy Agency's Power Reactor Information System (PRIS), China added an additional…

Underground working natural gas storage capacity in the Lower 48 states increased slightly in 2025, according to our latest data, with growth concentrated in the South Central and Mountain regions. Underground natural gas storage provides a source of ener…

Monthly average natural gas spot prices in California reached record lows in the first five months of 2026, dropping to values last recorded in the nationwide low-price market of 2024. Record lows were recorded in Northern California's PG&E Citygate and S…

We forecast natural gas consumption by the U.S. electric power sector this summer will remain near recent highs and set a record next summer in our May Short-Term Energy Outlook (STEO). Despite a 2% increase in overall U.S. electricity demand this summer,…