A $480 million Energy Dominance Financing loan will modernize Arena Energy platforms off Louisiana. Peak output is projected at up to 38,600 barrels a day — a real add, not a price mover. Secretary Wright told Fox Business it will lower pump prices. Today’s first sub-$4 national average since July has other causes. By Energy […]
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Two oil giants are choosing different speeds in West Texas—not walking away from American energy. The real test is what survives the next price cycle. By Energy News Beat | Planned Sunday November 8, 2026 issue | Facts researched November 7, 2026 CST The family-budget question When you pull up to the diesel pump, you […]
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U.S. drilling activity remains firmly elevated on a year-over-year basis even as weekly moves stay modest. Baker Hughes’ traditional rotary count printed 604 active U.S. rigs for the week ending November 6, 2026 (up 1 week-over-week and up 56 from a year earlier). Oil-directed rigs reached 463 (+1) and gas-directed rigs 131 (+1). WellDatabase’s operator-level […]
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The election creates a real regulatory risk—not evidence of an imminent shutdown. Schools, households and investors need the distinction. By Energy News Beat | Friday, November 6, 2026 Evidence in brief What is established What is not established Governor-elect; next term begins Jan. 1, 2027 Official election certification was not verified. Tougher permitting/enforcement proposals An […]
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EIA’s October outlook has the U.S., Brazil, Guyana, Canada and Argentina adding barrels with no Gulf chokepoint in the way, while Hormuz flows collapsed and OPEC supply is forecast to drop by nearly a fifth. For consumers, the growth in supply is coming from this hemisphere. In its October Short-Term Energy Outlook, the U.S. Energy […]
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International revenue climbed to $3.5 billion while North America slipped to $2.2 billion as U.S. fracking slowed. Here is what Halliburton’s Q3 2026 results mean for your fuel bill, oilfield jobs and HAL shareholders. Energy News Beat | October 23, 2026 If you want to know where the oil patch is heading, follow the companies […]
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The Denver frac company’s third-quarter sales rose 26% from a year ago, and it raised its dividend 11%. But adjusted earnings came in below forecasts, and a markdown on investments pushed it to a $39 million net loss. Liberty Energy (NYSE: LBRT), a top North American frac company, reported its third-quarter results after the market […]
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As of mid-to-late October 2026, U.S. drilling activity shows modest weekly stability or small gains depending on the source, set against a solidly higher year-over-year base. Oil-directed activity continues to dominate; the Permian remains the clear leader, and inventory data point to tighter crude and gasoline stocks alongside a distillate build that still leaves supplies […]
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The oilfield-services giant earned $0.60 a share on an adjusted basis and kept buying back stock. North America slipped 5% from the second quarter while the Middle East and Asia grew 8%. Halliburton was among the first energy companies to report third-quarter results, and on Tuesday morning it beat Wall Street’s forecasts. The Houston company […]
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As of mid-October 2026, U.S. drilling activity continues to firm. Baker Hughes reported its closely watched weekly rotary rig count at 603 for the week ending October 9 (up 5 week-over-week and up 56 year-over-year from 547). WellDatabase’s U.S. Rig Report dated 10.14.2026 showed 608 total rigs (up 6 week-over-week and up 52 year-over-year). Enverus’ […]
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