(Reuters) – U.S. gasoline demand in May fell to the lowest for that month since the coronavirus pandemic of 2020, data from...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its 1.8 Bcf/d Louisiana Energy Gateway (LEG) pipeline into service,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing a rough road ahead. The Trump administration has...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of its integration with Hess Corporation, a Chevron spokesperson...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on Tuesday that Japan will form a joint venture...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn from a high-profile effort to establish a global...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a master plan for rebuilding Syria’s oil, gas, and...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the Government of Norway launched a $200 million initiative...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of life. Rig activity across the state has rebounded...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment pledges on Tuesday, part of a push by...
South Korea’s top court voted unanimously to dismiss the country’s impeached president, Yoon Suk Yeol, on Friday, clearing the way for the key American ally to elect a new leader after months of political turmoil that has tested its democratic guardrails.
In a ruling that millions of South Koreans watched on live television, the Constitutional Court’s eight justices endorsed the National Assembly’s decision to impeach Mr. Yoon for his failed attempt to place his country under martial law in December. With that ruling, Mr. Yoon, who had been suspended from office since the parliamentary vote on Dec. 14, was formally unseated.
Stocks closed sharply lower on Thursday as President Donald Trump's latest tariffs rocked Wall Street, with the S&P 500 posting its worst daily drop since mid-2020, according to Dow Jones Market Data.
Bond yields sank as investors flocked to haven government debt, fueled by growing worries that the U.S. economy could falter amid the uncertain backdrop for global trade.
According to FactSet data, the Dow Jones Industrial Average shed 1,679.39 points, or 4%, to end at 40,545.93.
According to Dow Jones Market Data, the S&P 500 skidded 274.45 points, or 4.8%, to 5,396.52, logging its biggest daily drop since June 11, 2020.
The Nasdaq Composite Index shed 1,050.44 points, or 6%, to 16,550.61, its biggest daily drop since March 16, 2020.
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44. In today’s OPEC+ ministers’ meeting, countries decided to raise output by… pic.twitter.com/TRRrNnknEZ
— Zoom News (@zoomnewskrd) April 3, 2025
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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