Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for the second consecutive month, earning $256 million in...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy in an all-stock transaction valued at $3.1 billion,...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing backlog of requests from small oil refiners seeking...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with...
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Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning, marking one of the most significant upstream transactions...
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By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) average spot crude oil price...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum System, an oil and gas province that stretches...

U.S. stocks finished slightly lower on Monday as artificial intelligence stocks extended their recent slide, with investors continuing to rotate away from high-flying tech names ahead of a critical week of delayed economic data.
Market Drivers: Certain AI stocks bogged down the broader market during Monday's session, with shares of Broadcom and Oracle—two names that led a rotation away from AI last week—declining more than 5% and more than 2%, respectively. Others like Microsoft also suffered some losses.
The market wiped out an initial 0.5% gain and moved lower after the opening bell, with megacap tech serving as a source of weakness. Small cap names lagged, with the Russell 2000 trailing the S&P 600.
Sector Performance: Investors moved instead to areas more sensitive to the economy, such as consumer discretionary and industrials. They also loaded up on health-care shares. Energy was the lagging sector as both crude and natural gas continued to slide, while biopharma and managed care names mainly traded higher.
The Permian Basin is approaching a defining arithmetic milestone in December 2025. According to...
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
The history of the global oil and gas industry is inextricably linked to the...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
Mella McEwen | Midland Reporter-Telegram | ExxonMobil has released its updated corporate plan through...
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