By David White (Bloomberg) — The cost to drill and frack new wells in US shale basins is expected to drop about...
Denver-based Ovintiv Inc. has once again increased its production guidance for the year, following a second-quarter performance that saw output reach the...
Story by Andreas Exarheas| RigZone.com | Oil’s Bermuda triangle is nearing an end, a Bofa Global Research report sent to Rigzone by the...
The relentless pace of transactions in the US shale sector signals that industry players are gearing up for a future with limited...
By Alex Kimani |OilPrice.com| The U.S. Department of Energy has finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum...
Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
Story Credit: Bloomberg – By Bill Lehane| According to the Renaissance Energy Advisors consultancy, American crude grade WTI Midland has replaced West...
Insurers are now assessing the financial fallout from last week’s massive CrowdStrike software glitch, which crashed computers, canceled flights, and disrupted hospitals...
Helmerich & Payne, Inc. and KCA Deutag International Limited (“KCA Deutag”) announced a definitive agreement under which the H&P drilling company will...
By Bloomberg|Julia Fanzeres and Jordan Fitzgerald | Oil rose, clawing back from a run of losses, after a government report showed that...
Brent settled more than 7% lower last week, while WTI lost around 8%. Those were the contracts' most significant weekly declines since Sept. 2, due to slowing economic growth in China and falling risk premiums in the Middle East.
Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up operations against Palestinian militants, medics said. Israel also carried out targeted strikes on sites belonging to Hezbollah's financial arm in Lebanon.
U.S. stocks closed mostly lower on Monday, as 10- and 30-year Treasury yields ended at almost three-month closing highs.
The Dow Jones Industrial Average fell 344.31 points, or 0.8%, to end at 42,931.60, snapping a three-day winning streak, according to the FactSet data. The index logged its largest one-day point and percentage decline since October 7, 2024.
The S&P 500 shed 10.69 points, or 0.2%, to finish at 5,853.98.
The Nasdaq Composite gained 50.45 points, or 0.3%, to close at 18,540.00
Texas is known as the energy capital of the world, but as Chevron’s Duncan...
Cincinnati-based Synthica Energy has officially broken ground on a new Renewable Natural Gas (RNG)...
Story By By Mella McEwen, Oil Editor| Midland Telegram Reporter | Construction of the 42-mile...
Story By Robert Stewart | UpStreamOnline.com | New York-listed driller Nabors Industries will acquire...
By Devika Krishna Kumar and Alex Longley | (Bloomberg) — US oil producers pounced on...
Exxon Mobil Corp, the leading oil producer in the U.S., is planning to sell...
Argus Media | Growing associated gas production and rising breakeven prices for new oil...
Story from BIC.com | The facility will be located near Reno, Nevada, and capable...
Story By Charles Kennedy for Oilprice.com | Europe’s benchmark natural gas prices seesawed in...
California Governor Gavin Newsom signed a new law on Monday aimed at preventing gas...
Story By Simon Watkins for Oilprice.com | As with the Russia-Ukraine War, a key...
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main...
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