On Wednesday, the German cabinet approved a bill prohibiting most new oil and gas heating systems from 2024, aimed at reducing greenhouse...
Mrinalika Roy – [Reuters] Companies with a focus on the oil-rich Permian Basin are likely to be at the center of the...
Intense competition among developers and rising costs are creating challenges for new liquefied natural gas (LNG) projects in the United States, even...
April 17 (Reuters) – Iraq’s federal government and the Kurdistan Regional Government (KRG) have ironed out technical issues essential to resuming northern...
Oil prices experienced a downturn on Monday as investors weighed the potential impact of a May interest rate hike by the U.S....
In Part 1 of our 3-Part series, we discussed the different types of mineral ownership, in Part 2 of our series we...
In Part 1 of our 3-Part series, we discussed the different types of mineral ownership. Today we will be discussing royalties, how...
ChatGPT. Story Credit, Habib Ouadi et al.: Journal of Petroleum Technology. The complex and dynamic nature of the oil industry calls for...
Importance of understanding mineral rights As a mineral owner, it is crucial to understand the concept of mineral rights and their role...
The Permian basin, which spans across Texas and New Mexico, is the largest shale oil basin in the country and has not...
U.S. stocks finished mixed on Wednesday, with the S&P 500 stumbling on its path back to record territory.
Big gains for tech stocks — including a new record closing high for Nvidia Corp. — weren't enough to bridge the roughly 1% gap between the S&P 500 and its previous record close in February. Equities have been helped out this week by easing in oil prices and lower bond yields.
The Dow Jones Industrial Average fell about 105 points, or 0.3%, ending near 42,982, according to preliminary data.
The S&P 500 ended flat.
The Nasdaq Composite Index gained about 0.3%.
U.S. stocks finished sharply higher on Tuesday, as hopes for a de-escalation in tensions between Israel and Iran propelled the Nasdaq-100 index to its first all-time closing high since February.
The Nasdaq-100 jumped over 1.5%, to end at a fresh record of 22,190.52, according to FactSet data.
The Dow Jones Industrial Average was up 507.24 points, or 1.2%, to end at 43,089.02. It was the largest one-day point and percentage gain for the blue-chip index since May 27.
The S&P 500 rose 67.01 points, or 1.1%, to finish at 6,092.18.
The Nasdaq Composite advanced 281.56 points, or 1.4%, ending at 19,912.53
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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