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...
Story by Deon Daugherty |Hart Energy| In the early hours of May 28, 1923, an oil well that almost wasn’t roared to...
Ines Ferré·Markets Reporter |Yahoo Finance|. The imbalance between oil supply and demand is likely to reverse going into the summer, says one...
By: Reuters – The U.S. Department of Energy’s refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail...
Story by Theron Mohamed |Business Insider| Charlie Munger rakes in $70,000 a year from a $1,000 investment he made six decades ago...
Story by Theron Mohamed |Business Insider|Warren Buffett’s Apple bet has surged in value by almost 40% this year to $158 billion — an...
By: Investing.com – Storage. Storage. Storage. The natural gas market just can’t seem to get enough of storage. With gas inventories from two weeks...
(Reuters) – U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information...
By: Reuters – Spot natural gas prices for Wednesday at the Waha hub in the Permian Shale in West Texas fell into...
Stocks scored back-to-back gains on Tuesday as investors waited on an inflation update due Wednesday from the June consumer-price index. The Dow Jones Industrial Average posted a near 317-point gain, advancing 0.9%, to end near 34,260, according to preliminary FactSet data. That marks its biggest daily percentage gain since June 15, according to FactSet. The S&P 500 index closed up 0.7%, while the Nasdaq Composite Index gained 0.6%.
Stocks have been on the upswing ahead of a key inflation reading for June, with the consumer price index expected to show further progress in retreat from its peak above 9% last summer. The Federal Reserve has indicated it likely has a few more rate hikes on tap this year to help bring inflation down toward its 2% annual target. Investors also will be tuning into second-quarter earnings, which kick off in earnest later in the week with results from some of the nation’s biggest banks.
@exxonmobil signals profit drop, cites lower prices
Operating earnings dropped to about $7.8 billion, when surging oil and gas prices after Russia's invasion of Ukraine boosted global energy results to record levels.
Read more on https://t.co/F1Gjv1sWnn#OGNews #profit pic.twitter.com/FiznawwAi1
— OGN - Media for the Energy Future (@OGN_Online) July 11, 2023
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...
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 Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(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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