Chesapeake Energy Corp. was one of the biggest stars of the fracking boom, riding high for years on its ability to tap vast...
By: Hart Energy – The U.S. Energy Information Administration (EIA) slashed its 2023 estimate for the benchmark WTI average price by 10.6%...
By: Hobbs News-Sun – Keeping the No. 1 spot among the nation’s counties, Lea County hit the record books again, logging almost...
Story from Hart Energy, via Yahoo News. The roots of oil and gas’ looming talent challenge began with the end of the...
Bloomberg. Russian President Vladimir Putin’s plans to squeeze Europe by weaponizing energy look to be fizzling at least for now. Mild weather,...
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,...
U.S. stocks closed mostly higher in choppy trading on Wednesday, despite a continued climb in long-dated Treasury yields amid ongoing anxiety over inflation.
Minutes of the Federal Reserve's December meeting, released on Wednesday, showed that almost all officials saw increased upside risks to the inflation outlook as of last month, and were considering the likely impacts of potential changes in trade and immigration policy under a second Trump administration.
The Dow Jones finished up by 106.84 points, or 0.3%, at 42,635.20, based on preliminary data. It was the Dow's first gain in the past three sessions.
The S&P 500 closed up by 9.2 points, or almost 0.2%, at 5,918.25. It finished higher for the third time in the past four sessions.
The Nasdaq Composite booked a back-to-back loss and fell 10.8 points, or less than 0.1%, to 19,478.88. It closed lower for the seventh time in the past nine sessions.
Investors continued to sell off the 30-year Treasury bond for a sixth straight day, pushing its yield up to 4.931%, its highest closing level since Nov. 1. The 20-year yield briefly broke above 5% on Wednesday, and the 10-year rate rose for a fourth straight day to 4.691%, its highest closing level since April 25 of last year.
The number of people who applied for unemployment benefits in the first week of the new year fell to an 11-month low, the latest sign layoffs remain extremely low even as businesses cut back on hiring.
New jobless claims, a proxy for layoffs, fell by 10,000 to 201,000 in seven days ended Jan. 4, the government said. The report was moved up a day because of former President Jimmy Carter’s funeral on Thursday.
The labor market is in an odd state — most companies are hesitant to hire but very few are laying off workers. It’s what one economist calls the “no hire/no fire” economy.
Right now businesses are waiting to see how President-Elect Donald Trump’s economic policies pan out before they decide their next step.
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...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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