(Bloomberg) — A billionaire seeking to build a resort with luxury homes in the Texas Hill Country is facing off against neighbors...
Story by Michael Hawthorne, Chicago Tribune. Oil refineries are dumping massive amounts of toxic chemicals, heavy metals and pollution into the Great...
By: Bloomberg – US President Joe Biden is nearing a critical decision on a massive proposed oil project in northwest Alaska that...
By: Hellenic Shipping News – Argentina posted record production of shale oil in December, the energy ministry said on Tuesday, as the...
From Hart Energy. Halliburton Co. reported a 21% hike in quarterly net income to $656 million on Jan. 24, beating analysts’ estimates...
By: The Dallas Morning News – Consolidation in the Texas Oil Patch is gaining momentum this week after Dallas-based Matador Resources Co....
Story Credit: Yahoo News. At a White House press briefing on Monday, Energy Secretary Jennifer Granholm was asked by Yahoo News to...
By: Reuters – President Joe Biden will veto a bill by U.S. House of Representatives Republicans on the Strategic Petroleum Reserve (SPR)...
By: The Guardian – Colombia’s leftwing government has announced that it will not approve any new oil and gas exploration projects as...
By: France 24 – US shale gas output has lost none of its momentum, but when it comes to oil, the US shale revolution is...
(Reuters) -Oil prices edged lower on Monday in thin trade ahead of the Christmas holiday on concerns about a supply surplus next year and a strengthened dollar.
Brent crude futures settled down 31 cents, or 0.43%, at $72.63 a barrel. U.S. West Texas Intermediate crude futures fell 22 cents, or 0.32%, to $69.24 a barrel.
Macquarie analysts projected a growing supply surplus for next year, which will hold Brent prices to an average of $70.50 a barrel, down from this year's average of $79.64, they said in a December report.
Concerns about European supply eased on reports the Druzhba pipeline, which sends Russian and Kazakh oil to Hungary, Slovakia, the Czech Republic and Germany, has restarted after halting on Thursday due to technical problems at a Russian pumping station.
The U.S. dollar was hovering around two-year highs on Monday morning, after hitting that milestone on Friday.
It’s almost time to unwrap those presents: Christmas is coming up on Dec. 25,🎄 and so is Hanukkah 🕎, the eight-day Jewish festival of lights, which begins this year on the evening of the 25th.
With all this holiday activity, it’s worth keeping in mind what will be open and closed when. Here’s our quick guide.
Is the stock market open on Christmas Eve and Christmas Day?
The two major stock markets — the New York Stock Exchange and the Nasdaq — will close early on Dec. 24, at 1 p.m. Eastern time, and will remain closed on Dec. 25.🎄
Bond markets will close at 2 p.m. on Dec. 24 and will remain closed on Dec. 25.🎄
Trading on all financial markets resumes Dec. 26.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
Have your oil & gas questions answered by industry experts.