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....
By: James Morris – Forbes – Every new EV gets compared to Tesla. General Motors CEO Mary Barra has even said her...
Apache Corp. generated national – and even international – headlines in the fall of 2016 when it announced what it believed was...
When the federal government auctioned off oil leases in the Arctic National Wildlife Refuge last year, no major firms bid, in a...
The world’s two biggest oil and natural gas reservoirs are in the Permian Basin and Saudi Arabia with estimated remaining reserves of...
By: Bloomberg – Energy transportation giant Enbridge Inc. will be going ahead with two pipeline projects to service a new liquefied natural...
(Reuters) Morgan Stanley CEO James Gorman told shareholders during the bank’s annual general meeting on May 26 that he does not plan...
Inflation has cooled considerably over the past year, but there are still a few hot spots. The biggest is the cost of shelter - rent and housing. It accounted for about 90% of the increase in the consumer price index in July.
Still, the report is unlikely to prevent the Federal Reserve from reducing interest rates in September as widely expected.
The big question for investors is whether it will be a 1/4-point cut or a larger 1/2-point reduction. The July CPI probably doesn't settle the question.
For now, betting markets suggest a smaller cut is more likely.
The numbers: Applications for mortgages surged as homeowners jumped on lower rates to refinance their home loans.
The 30-year mortgage rate fell for the second week to the lowest level in a year.
The drop in rates pushed the market composite index — a measure of mortgage-application volume — up last week, the Mortgage Bankers Association said Wednesday.
The market index rose 16.8% weekly to 251.3 for the week ending August 9. A year ago, it stood at 193. The index is now at its highest level since January 2023.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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