By: Andreas Exarheas – RigZone – Russia will have to shut-in oil production as it will be unable to sell all the...
History is being made this month and not in a good way. Whether you’re a Republican, Democrat, or Independent, you can’t be...
By: Bozorgmehr Sharafedin – Reuters – The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at...
Shell plc has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas, and...
In a move to further punish Russia for its invasion of Ukraine, the United States is considering a ban on Russian oil...
Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost...
Story by Harry Robertson at Business Insider. Fears of stagflation are surfacing as the war in Ukraine has sent oil prices soaring...
By: Chase Woodruff – Colorado Newsline – As the global oil market continued to be rocked by the fallout from Russia’s invasion...
By: Andrew Baker – NGI – Diamondback Energy Inc. is aiming to keep oil production flat in the Permian Basin this year,...
By: Ron Bousso – Reuters – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end...
U.S. stocks ended sharply lower on Monday as investors reacted to recession fears and tariff concerns.
President Donald Trump refused to rule out the possibility of a recession in a television interview on Sunday, while Chinese tariffs on U.S. agricultural goods took effect on Monday in response to U.S. tariffs on Chinese imports that were imposed last week.
The Dow Jones Industrial Average lost 890.01 points, or 2.1%, to end at 41,911.71, its lowest closing level since Nov. 4, according to preliminary closing data from FactSet. It logged its largest one-day point and percentage declines since Dec. 18.
The S&P 500 fell 155.64 points, or 2.7%, to close at 5,614.56, its lowest closing value since Sept. 12. It recorded its largest one-day point and percentage declines since Dec. 18.
The Nasdaq Composite declined 727.90 points, or 4%, to close at 17,468.32, its lowest closing level since Sept. 11. The tech-heavy index posted its largest one-day point decline since March 16, 2020, and its largest one-day percentage decline since Sept. 13, 2022.
The gloom was worsening on Wall Street ahead of the opening bell, with U.S. stock-index futures slipping to session lows and pointing to a sharply lower open Monday morning.
Remarks by President Donald Trump in a television interview Sunday, in which he refused to rule out the possibility of a recession, were getting the blame for the weakness in equities. They served to amplify fears surrounding the whiplash of Trump's tariff policies, which have seen the U.S. impose heavy tariffs on trading partners and then withdraw or modify a chunk of them while pledging more tariff action in the future.
An analysis by S&P Global Commodity Insights shows that Permian Basin methane emissions dropped by 26% in 2023 as regulations tightened and drillers stepped up adoption of advanced leak-detection technologies. The reduction, amounting to over 34 Bcf, occurred despite higher oil and natural gas production.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The race to lower costs and accelerate production timelines in the Permian Basin has...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
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