Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase of significant Midland Basin assets from Murchison Oil...
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts...
(Bloomberg) — Oil companies declined to bid in a US government auction for drilling rights in the Arctic National Wildlife Refuge, as...
Texas set a series of new milestones in 2024 for its oil and natural gas sector, according to the Texas Oil &...
The Biden administration on Friday unveiled its most extensive sanctions package yet against Russia’s oil and gas revenues, aiming to pressure Moscow...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers in the Permian Basin, with deals exceeding (100...
Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly over the past month, particularly among hedge funds. That’s...
When it comes to leasing oil and gas mineral rights, mineral owners often find themselves navigating complex transactions that can feel overwhelming....
The Biden-Harris administration is taking a notable step to safeguard northeast Nevada’s Ruby Mountains by proposing a temporary freeze on new oil,...
Thomas Baker “Tom” Slick Sr., born on October 12, 1883, in Shippenville, Pennsylvania, emerged from humble beginnings to become one of America’s...
U.S. stocks finished mostly higher on Tuesday, as the S&P 500 clawed back to positive territory for the year to seal a stunning comeback just over a month after it had tumbled to recent lows amid President Trump's aggressive and far-reaching tariff plans.
The S&P 500 gained 42.36 points, or 0.7% to finish at 5,886.55, extending Monday's rally on the heels of the easing U.S.-China trade tensions. The large-cap index is now positive for the year, up a modest 0.1% so far in 2025, according to FactSet data.
The Dow Jones Industrial Average fell 269.67 points, or 0.6%, to end at 42,140.43, weighed down by a 17.8% slump in shares of UnitedHealth Group Inc.
The Nasdaq Composite surged 301.74 points, or 1.6%, ending at 19,010.08.
Earlier, the consumer-price-index (CPI) report for April showed inflation came in cooler than expected. The headline CPI rose 0.2% last month for an annual rate of 2.3%, below the 2.4% increase forecast by Wall Street analysts.
Core inflation, which excludes volatile energy and food prices, advanced 0.2% in April for an annual pace of 2.8%, according to the Bureau of Labor Statistics.
It sounds like something out of a Netflix crime drama, but this one’s all...
So, you’ve just inherited mineral rights in Oklahoma and you’re thinking about selling. First...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
The global oil market is facing one of its most complex periods in recent...
After months of tough negotiations and political tension, the United States and Ukraine have...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two...
[Reuters] By Lisa Baertlein and Jarrett Renshaw | U.S. energy groups are asking President...
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