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...
By: Reuters – U.S. natural gas prices last week plunged to a 30-month low, crossing below $2 per million British thermal units...
Ovintiv Inc (OVV.N) is said to be close to finalizing a deal to acquire oil exploration and production assets in the Permian...
If you have recently inherited mineral rights, you may be wondering what to do next. Inheriting mineral rights can be a complex...
Chambroad Petrochemicals, one of the approximately 60 independent refineries in the Shandong province, is set to commence operations at a new refining...
On Monday, Energy Transfer LP (ET.N) announced its intention to acquire pipeline operator Lotus Midstream in a significant $1.45 billion cash-and-stock deal....
By: Reuters – A U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in...
By: KFOR – The Oklahoma Corporation Commission (OCC) held a meeting Tuesday morning in which one Commissioner claims there are “significant and...
Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks.
Crude prices face headwinds from "familiar factors, with analysts remaining skeptical that Chinese stimulus measures will be sufficient for boosting lackluster crude demand," said Robbie Fraser, associate director of global research and analytics at Schneider Electric.
West Texas Intermediate crude for December delivery fell $2.34, or 3.3%, to settle at $68.04 a barrel on the New York Mercantile Exchange. January Brent crude, the global benchmark, dropped $2.04, or 2.8%, to $71.83 a barrel on ICE Futures Europe. According to Dow Jones Market Data, Brent and WTI marked their lowest settlements since Oct. 29.
Stocks ended higher Monday, with the Dow, S&P 500 and Nasdaq Composite building on last week's record run.
The Dow closed above 44,000 for the first time, while the S&P 500 ended just above the 6,000 milestone after temporarily trading above that threshold in Friday's session. The U.S. bond market was closed Monday for the Veterans Day holiday.
The Dow ended 304.14 points higher, up 0.7%, at 44,293.13
The S&P 500 rose 5.81 points, or 0.1%, to 6,001.35.
The Nasdaq Composite finished at 19,298.76, up 11.99 points, or 0.1%
Veterans Day is a federal holiday in the United States that honors all military veterans. Originally called Armistice Day, it was established to commemorate the end of World War I. Today, it is a day marked by parades, public events, and the closure of many businesses and government offices.
The stock market, including the New York Stock Exchange and Nasdaq, will remain open on Veterans Day, but the bond markets will be closed. The U.S. Postal Service will not deliver mail, and most banks will also be closed. Additionally, since it is a federal holiday, all non-essential government offices will be closed, and it is a state holiday in nearly every state except Wisconsin.
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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
Have your oil & gas questions answered by industry experts.