Bloomberg) — Europe’s natural gas market is showing signs of lingering concern over next winter’s fuel supplies, even as immediate frictions ease....
By: Reuters – Exxon Mobil (XOM.N) is poking around in the wrong area. Buying Pioneer Natural Resources (PXD.N) would cost a chunky $64 billion. The implied...
Story by James Osborne, Houston Chronicle. WASHINGTON – U.S. grid operators are raising alarms the power grid is becoming less reliable and...
In the wake of a 4.0 magnitude earthquake, along with several smaller tremors in Lincoln County, Oklahoma, the Oklahoma Corporation Commission (OCC)...
By: Reuters – EnCap Investments is exploring the sale of two Permian basin-focused oil and gas producers that could collectively fetch the...
The latest oil and gas rig count provided by Baker Hughes Co. offers yet another indication of a slowing economy as numbers...
By: Texas Tribune – The Texas Senate on Wednesday approved two major bills aimed at building more on-demand power generators such as...
The Mexican government has agreed to purchase 13 power plants from Spanish energy giant Iberdrola in a deal worth $6 billion. President...
By: Reuters – The U.S. and EU pledged on Tuesday to confront any attempts to destabilize global energy markets, after meeting in...
By: Oilandgas360 – Vermilion Energy Inc. (“Vermilion”) (TSX: VET) (NYSE: VET) is pleased to announce the closing of the acquisition of Equinor...
Crude oil futures fell Sunday, after widely-anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
After initially dropping more than 5%, West Texas Intermediate crude CL00 -4.39% was down 4.2%, to $68.76 a barrel, as of 8:30 p.m. Eastern, while Brent crude BRN00 -4.22% the global benchmark, was down 4% to $72.62.
► Gold prices rallied, approaching $2,800. Global bonds continued to fall as investors speculated about how far and how quickly central banks will cut interest rates.
► Treasury yields rose above 4.2%, impacting the market's liquidity. Rising yields suggest caution among investors as the Federal Reserve hints at a more moderate pace, likely to include a 25-basis-point cut.
► Geopolitical tensions continue to create uncertainty. Macroeconomic indicators reveal a troubling landscape in the housing market, with existing home sales hitting a 14-year low, underscoring the challenges of elevated mortgage rates and persistently high home prices.
► Big Tech earnings are in full swing, and major developments unfolded in the sector, with Qualcomm facing disruption as Arm Holdings cancels a critical chip design license.
► Bitcoin continued its uptrend amid high market volatility as traders sought alternative investments. Meanwhile, Robinhood's acquisition of Bitstamp for $200 million underscores the growth trajectory and potential consolidation within the crypto industry.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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