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PA’s Senators Intro Bill to Move Fossil Energy Office to Pittsburgh

Marcellus Drilling News

The DOE FECM employs approximately 750 federal employees, including scientists, engineers, technicians, and administrative staff. It’s not an insignificant move. The federal.

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Iraqi PM Discusses Oil & Gas Investment with US Firm

Iraq Business News: Oil & Gas

He also stressed the importance of training Iraqi engineers and technicians in the latest technologies used in oil and gas projects. Prime Minister Al-Sudani reiterated Iraq's goal to fully utilise all associated gas produced from its oil fields by 2028.

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US Oil Rig Count Hits 3-Year Low – Baker Hughes

Oil Gas Leads

The rig count is down 44% from its 2022 peak of 780 , reflecting both post-pandemic normalization and broader market hesitancy. Strategic Shift Toward Gas: Natural gas rigs are up 7 YoY , showing resilience. Producers may be pivoting to gas due to: Stronger gas prices.

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U.S. Rig Count Falls for 9th Straight Week, Oil Rigs Hit 3-Year Low – Baker Hughes

Oil Gas Leads

June 30, 2025 The U.S. oil and gas drilling sector continues its downward trend as the Baker Hughes rig count fell for the ninth consecutive week , marking the longest streak of declines since mid-2020. For the week ending June 28, 2025, the total active rig count dropped by 7 to 547 — a 6% decline year-over-year.

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Top 5 Strategic Priorities for Permian Resources in 2025

Oil Gas Leads

Final Takeaway Permian Resources isn’t chasing volume—it’s engineering a resilient growth model through disciplined M&A, operational excellence, and focused capital allocation. Optimizing the Asset Base Through Trades and Divestitures While acquiring new acreage, PR is also trimming the fat. For 2025, the company is targeting a 7.8%

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Mach Natural Resources Expands into Permian and San Juan with $1.3B in Transformative Acquisitions

Oil Gas Leads

Mach Natural Resources LP has announced two major acquisitions totaling $1.3 billion , marking a significant expansion of its asset base and production footprint. Through definitive agreements to acquire oil and gas assets from Sabinal Energy, LLC and IKAV Energy Inc. in Transformative Acquisitions appeared first on Oil Gas Leads.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

This provides immersive training environments where engineers and technicians can develop proficiency with cutting-edge technologies before implementing them in operational facilities. This raises a critical question: how can we scale LNG responsibly while l owering its environmental impact ?