MEXICO CITY (Reuters) – The leaders of the United States, Canada and Mexico are due to hold a summit next week, where...
RigZone.com. BP plans to invest $7 billion in its Gulf of Mexico business by 2025, according to a new report published by...
From Barron’s. Shell, Europe’s largest oil and gas company, said it will have to pay about $2 billion in additional taxes in the...
From Reuters: OPEC will likely take steps to boost oil prices, which started the year in free-fall, the chief executive of top shale producer Pioneer...
Story By Andrew Baker, NaturalGasIntel. An increasingly small percentage of oil and natural gas wells is supplying the majority of U.S. production,...
From Hart Energy. Talos Energy kicked off 2023 with the announcement of commercial deepwater discoveries in the Gulf of Mexico that will...
By: Wyoming Business Report via Casper Star-Tribune – This year is shaping up to be the most normal in a while for...
By: The Dickinson Free Press – Billionaire businessman Harold Hamm has donated $50 million to the group behind the planned Theodore Roosevelt...
Story by Pamela Heaven, Financial Post. Contrary to popular belief, Canada’s oilsands may be the “last barrel standing” as the world shifts...
Prior to the pandemic-induced downturn in world oil production, U.S. oil production growth was responsible for 98 percent of the increase in world...
U.S. stocks finished lower on Tuesday, with the tech-heavy Nasdaq Composite leading declines. Semiconductor shares tumbled on concerns of continued pressures in the broader chip market.
The Nasdaq Composite slumped 187.10 points, or over 1%, ending at 18,315.59, according to FactSet data. It was the largest one-day point and percentage decline since Oct. 7, according to Dow Jones Market Data.
The S&P 500 lost 44.59 points, or 0.8%, to finish at 5,815.26. The large-cap benchmark index also snapped a two-day winning streak.
The Dow Jones Industrial Average was off 324.80 points, or nearly 0.8%, ending at 42,740.42.
U.S. semiconductor stocks fell on Tuesday after the Dutch microchip-equipment maker ASML Holding N.V. said it expects a “more gradual” recovery in the chip sector than previously anticipated. Shares of Nvidia Corp. and Advanced Micro Devices Inc. were down 4.7% and 5.2%, respectively.
The Dow, on the other hand, was dragged down by a 8.1% slump in shares of UnitedHealth Group Inc. The healthcare giant beat third-quarter profit and revenue expectations but missed on the medical-care profitability and lowered its full-year outlook.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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