Story By Chris Matthews |Hart Energy| Kimbell Royalty Partners anticipates hitting record oil and gas production this year after completing an acquisition...
‘I’ve always told people there is nobody who can really pick the market on a short-term or an intermediate-term basis. Maybe I...
Story By Jerry Bohnen |OK Energy Today| Oklahoma City’s Continental Resources Inc. revealed more recent success in its oil and gas exploration...
‘Increasing the debt limit the way Congress and presidents have repeatedly done, and most likely will do this time around, will mean...
[Bloomberg] Russia’s fuel-oil suppliers are on track for record exports to China this month as smaller refineries in the Asian nation increase...
Story by Patrick McGee | Hart Energy | Dallas-based Pearl Energy Investments has closed a $705 million fund to target oil and...
Next week, two pristine drilling rigs, valued at $40 million and $30 million respectively when constructed in 2019, are set to go...
Story By Steve Zurier | SC Media | Twenty-seven percent of CISOs at oil and gas companies say that dark web activity...
Story By Taylor Luck Special correspondent. |The Christian Science Monitor| Abu Nayef remembers a time when, if an Arab country was in trouble, they...
In a significant move for the US oil and natural gas pipeline sector, Oneok Inc. has agreed to acquire Magellan Midstream Partners...
In a post on Truth Social, Trump wrote that the US knows where Iranian leader Ayatollah Ali Khamenei is “hiding,” calling him an “easy target” but saying he will not be killed, “at least not for now.” He also demanded Iran’s “unconditional surrender” as it traded airstrikes with Israel for the fifth day. Trump’s escalating rhetoric came as the US moved more warships into the Middle East in what officials said was a defensive position. The president also posted, “We now have complete and total control of the skies over Iran,” but it was unclear if that meant the US was directly involved in the conflict. Trump is reportedly weighing using US military assets to strike Iran.
U.S. stocks finished lower on Tuesday, giving back most gains from the previous session, as investors feared that an escalation of tensions between Israel and Iran could trigger deeper U.S. involvement in the Middle East conflict.
The Dow Jones Industrial Average fell nearly 300 points, or 0.7%, to end near 42,215, according to preliminary data from FactSet.
The S&P 500 was off 0.8%, to finish at around 5,982.
The Nasdaq Composite slumped 0.9%, ending near 19,521.
U.S. President Donald Trump on Tuesday called on Iran to surrender without conditions to bring an end to the conflict with Israel, fueling fresh worries on Wall Street that the White House is on the verge of joining Tel Aviv's military strikes against Tehran.
The surge in oil prices picked up steam on Tuesday. West Texas Intermediate crude for July delivery was up over 4% to trade at $74.84 a barrel, while August Brent crude, the global benchmark, also rose around 4.4%, at $76.45 a barrel, according to FactSet data.
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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