By: Reuters – Excelerate Energy Inc, founded by oil and gas tycoon George Kaiser, plans to raise up to $384 million through...
By: Mitchell Ferman – The Texas Tribune – Russian hackers have been probing Texas’ energy infrastructure for weak points in digital systems...
Since Russia invaded Ukraine, many Western oil companies as well as traders, shippers, and bankers have stayed away from Russian oil. But...
By: NPR – President Biden is expected to announce on Thursday a plan to draw 1 million barrels of oil per day...
By: Oilprice.com – How quickly fortunes can change in the oil and gas business. Last year, U.S. oil and gas companies were...
By: Reuters – U.S. oil exports have climbed following Russia’s invasion of Ukraine, and barrels of domestic oil that would typically go...
By: Weishen Tan – CNBC – There’s been a “significant uptick” in Russian oil deliveries bound for India since March after Russia’s...
Even with oil prices above $100 a barrel and gas prices averaging over $4 a gallon at the pump, oil companies and...
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to...
ConocoPhillips is considering selling its gas-producing assets in the Anadarko basin of North Texas and Western Oklahoma, in the US, reported Reuters,...
(Reuters) - Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red Sea, while U.S. copper tariffs loomed.
Brent crude futures settled up 4 cents, or 0.06%, to $70.19 a barrel. U.S. West Texas Intermediate crude settled up 5 cents, or 0.07%, to $68.38 a barrel.
After months of calm in the Red Sea, attacks in the major global shipping lane were renewed in the past week. Rescuers pulled six crew members alive from the Red Sea on Wednesday and 15 were still missing from the second of two ships sunk in recent days in attacks claimed by Yemen's Iran-aligned Houthi militia after months of calm.
Oil prices were also supported by an EIA forecast on Tuesday that the U.S. will produce less oil in 2025 than previously expected, as declining prices have prompted U.S. producers to slow activity.
On Tuesday, U.S. President Donald Trump said he would impose a 50% tariff on copper, aiming to boost U.S. production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods.
U.S. stocks finished higher on Wednesday, with a surge in shares of Nvidia Corp. propelling the Nasdaq Composite to a fresh intraday and closing record.
The Dow Jones Industrial Average rose over 200 points, or 0.5%, to end near 44,458, according to preliminary data from FactSet.
The Nasdaq Composite was up 0.9%, to end at around 20,611, a new all-time closing high.
The S&P 500 advanced 0.6%, to finish near 6,263.
Federal Reserve minutes from the central bank's June policy meeting were a focus, hinting that rate cuts this year looked likely as of the meeting last month.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
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