🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas is price-insensitive and non-negotiable, leaving little margin for...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey (USGS) Director Ned Mamula said there are “significant”...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio, often as a minority partner and rarely in...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to buy Ascent Resources, the Financial Times reported on...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On the one hand, OPEC is signaling that the...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed access to heavy crude. 🔲 A U.S.-aligned Venezuela...
The Permian Basin is approaching a defining arithmetic milestone in December 2025. According to the U.S. Energy Information Administration (EIA), oil production...
WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf of Mexico on Wednesday in the first of...
Mella McEwen | Midland Reporter-Telegram | ExxonMobil has released its updated corporate plan through 2030, which reflects even stronger earnings and cash...
China’s first national-level shale oil demonstration zone, located in Jimsar County in Northwest China’s Xinjiang Uygur Autonomous Region, has reached a new...
Major Indices - Strong Friday Rebound | The Dow Jones Industrial Average gained 493 points, or 1.08%, closing at 46,245.41, while the S&P 500 finished 0.98% higher at 6,602.99 and the Nasdaq advanced 0.88% to 22,273.08 CNBC.
What Drove the Rally | The rebound came after New York Federal Reserve President John Williams suggested the central bank could cut interest rates again this year, signaling that monetary policy remains "modestly restrictive" and suggesting room for further adjustment in the near term CNBC. This caused bets on a December rate cut to jump to around 75% odds, up from roughly 40% on Thursday Yahoo Finance.
A Turbulent Week |Despite Friday's gains, it was a chaotic week overall. The market remains just 4.2% below its record amid questions about Nvidia's valuation, AI optimism, and how soon the Fed will cut rates TS2. Thursday saw a particularly brutal reversal, with all three major indices ending sharply lower despite earlier gains. | Other Notable Developments

Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
The history of the global oil and gas industry is inextricably linked to the...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
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