Oil prices jumped as much as 2% on today after President Donald Trump revoked a key license allowing Chevron to operate in...
David Wethe – (Bloomberg) — Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of...
by Zack Budryk | The HILL | The Environmental Protection Agency (EPA) will proceed with Biden-era plans to allow the year-round sale of...
In a decisive move reflecting the current administration’s energy priorities, the Senate voted 54-44 on Tuesday to repeal a regulation that imposed...
The Western Anadarko Basin in Oklahoma has long been a cornerstone of U.S. oil and gas development. Over the years, it has...
Stroy By Nicole Jao| NEW YORK (Reuters) – Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including...
Investing.com |The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, providing an insight into the state of the...
The Trump administration has taken another step toward expanding American crude oil production and exports, approving a second deepwater oil loading terminal...
By Georgina McCartney | HOUSTON (Reuters) – Two large earthquakes that hit the Permian basin, the top U.S. oilfield, this week have...
Brazil’s government has officially approved joining OPEC+, the coalition of major oil-exporting nations, marking a significant step in the country’s evolution into...
Just when the stock market had clawed back all the losses sparked by the panic over President Donald Trump’s tariff plans, investors face another round of debt-related angst as markets slid Sunday after Moody’s Ratings stripped the U.S. government of its last triple-A credit rating.
Strategists warned the move, announced after the market closed on Friday, could spark some near-term selling in stocks and Treasury's.
Energy services firm Baker Hughes said in its closely followed report on May 16 that U.S. energy producers this week cut the number of oil and natural gas rigs operating for the third week in a row for the first time since mid-April.
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%.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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 newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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