By: Reuters – Italy plans to apply a 50% one-off windfall tax next year on surplus income of energy companies that have...
By: Salt Lake Tribune – No public land in Utah has been auctioned for oil and gas development since President Joe Biden...
(Bloomberg) — The war in Ukraine is strengthening the role of Asia and the Middle East as the world’s main providers of...
Story by Zahra Tayeb | Business Insider | The alarm bell is already ringing for American homeowners, as surging mortgage rates scare...
(Bloomberg) — The global oil market keeps sending up flares on the outlook for weaker demand. In the latest, a closely-watched gauge...
OilPrice.Com. There is considerable speculation that the end is drawing close for Colombia’s economically vital hydrocarbon sector. The Andean country’s petroleum industry...
Story By Jeffry Bartash, MarketWatch. Senior officials at the Federal Reserve, or Fed, expect smaller increases in interest rates will “soon be...
By: CNBC – Oxfam on Monday filed shareholder resolutions against U.S. oil giants Exxon Mobil, Chevron, and ConocoPhillips, saying a lack of transparency over their...
Story by Justin Jacobs, Financial Times. BP’s U.S. boss said Washington’s new climate law would put its green plans in the U.S....
By: Barrons – Germany will have to take on more debt than expected in 2023 to combat an energy crisis that has...
The U.S. stock market closed higher Friday, with all three major benchmarks posting big weekly gains as investors cheered a breakthrough in U.S.-China trade talks that led to lower tariffs.
The Dow Jones Industrial Average ended Friday up 0.8%, while the S&P 500 gained 0.7% and the technology-heavy Nasdaq Composite rose 0.5%, according to preliminary FactSet data. The Dow has now erased its 2025 losses, joining the S&P 500 in positive territory year to date.
Investors shook off Friday’s disappointing consumer sentiment reading from the University of Michigan’s survey, with the S&P 500 logging a fifth straight day of gains. U.S. equities have rallied since the White House last weekend significantly rolled back tariffs imposed on imported Chinese goods, while China also lowered levies on the U.S. in a de-escalation in trade tensions.
The preliminary data show that for the week, the S&P 500 rallied 5.3%, the Dow climbed 3.4%,and the Nasdaq jumped around 7.2%. So far this year, the Dow is up 0.3% in 2025, while the S&P 500 has risen slightly more than 1%.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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 Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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...
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