The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count in the US fell this week to 546, according to Baker Hughes, down 39 from this same time last year.  The number of...Continue Reading

Indian Refiner HPCL Says It Doesn’t Need Russian Crude | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 31, 2025, 11:30 AM CDT Russian crude has accounted for a very small portion of supply for Indian state-run refiner Hindustan Petroleum Corporation Limited (HPCL) as oil...Continue Reading

The Railroad Commission of Texas assessed more than $1 million in fines against oil and gas operators and pipeline businesses during its October 30, 2025, meeting, reinforcing its oversight of industry safety, environmental compliance, and regulatory enforcement across the state. SourceContinue Reading

Colombia’s Oil Industry Faces an Existential Crisis | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Oct 31, 2025, 11:00 AM CDT Colombia’s proven oil reserves have...Continue Reading

Shell to Sign Exclusive Oil Exploration Deal with Angola | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 31, 2025, 10:30 AM CDT One of Africa’s biggest oil producers, Angola,...Continue Reading

Japanese Utilities Confident in Replacing Russian LNG | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 31, 2025, 9:30 AM CDT Some of Japan’s biggest utilities believe that they would...Continue Reading

Rystad Predicts Global Emissions Peak by 2026 as Clean Power Surges | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Oct 31, 2025, 9:00 AM CDT Clean...Continue Reading

Buccaneer Energy has selected a drilling rig for the Allar #1 development well in the Pine Mills Field, Texas, with drilling set to begin in late October. The company plans to produce oil at up to 124 bopd and use associated gas from the Fouke area to power a future Bitcoin mining operation. SourceContinue Reading

ExxonMobil reported Q3 2025 earnings of $7.5 billion and record upstream production of 4.8 million boed, led by new output from Guyana’s Yellowtail project and record volumes in the Permian basin. The company also took FID on Hammerhead and expanded its Permian acreage with a Sinochem acquisition. SourceContinue Reading

Chevron’s third-quarter earnings topped analyst forecasts as the company’s $53 billion Hess acquisition boosted global oil production and cash flow. Output rose 21% to 4.1 MMboed, supported by Hess’ stake in Guyana’s Stabroek Block. SourceContinue Reading