By: Michael Dekker – Tulsa World – With oil and gasoline prices setting new records on a daily basis for weeks, there...
By: Reuters – Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new COVID-19 lockdown...
Treasury Secretary Janet Yellen indicated the EU and US are in talks to curb Russian oil revenue. It comes as Russia reels...
By: Reuters – Shale gas producer Chesapeake Energy plans to hire a liquefied natural gas (LNG) adviser, according to a job listing,...
Another week, another record high for gas prices. And there seems to be no immediate relief in sight. Story Credit: Medora Lee,...
By: Bloomberg News – Oil fluctuated after top exporter Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its...
A Permian Basin oil and gas operator agreed to pay $150,000 in fines and spend $500,000 to improve air quality in the...
By: Weizhen Tan – CNBC – First, it was the pandemic. Then came the Russia-Ukraine war. With two major global crises back-to-back, there...
Why were Carbon Credits created? The burning of fossil fuels is a major source of greenhouse gas emissions and the carbon credit...
Texas-based XTO Energy Inc. recently filed completion reports on a series of 8 wells in Carter and Love Counties in southern Oklahoma....
U.S. stocks ended a holiday-shortened week on a mixed note Friday, but saw the S&P 500 book its strongest May advance since 1990.
The Dow Jones Industrial Average shook off pressure tied to renewed U.S.-China trade tensions, ending with a gain of 54.34 points, or 0.1%, at 42,270.07. The S&P 500 saw a fractional loss of just 0.48 point to end at 5,911.69, while the Nasdaq Composite shed 62.11 points, or 0.3%, to close at 19,113.77.
Stocks saw modest pressure in early trade after President Donald Trump, in a social-media post, blasted China — accusing it of failing to live up to a preliminary agreement, reached earlier this month, that saw both countries mutually cut tariffs that had topped 100% amid April's trade tensions. Equities briefly extended losses after a news report that said the U.S. was planning to widen sanctions on China's tech industry.
But stocks clawed back those losses by the bell, putting a cap on a winning week that had seen equities buoyed by strong earnings from chip giant and artificial-intelligence bellwether Nvidia Corp. Investors were also dealing with increased trade uncertainty after a U.S. trade court late Wednesday ruled to void the bulk of Trump's tariff measures, but saw that ruling stayed Thursday by an appeals court, pending appeal.
After three straight monthly declines, stocks saw big May gains, with the S&P 500 up 6.15%, while the Dow advanced 3.94% and the Nasdaq gained 9.56%. That marked not only the best May since 1990 for the S&P 500, but the best performance of any month for both the S&P 500 and Nasdaq since November 2023, according to Dow Jones Market Data.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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 Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Have your oil & gas questions answered by industry experts.