By: Nicole Dienst and Eric Rosenbaum – CNBC – With the coronavirus pandemic slashing demand for the oil and gas that has...
By Becky Yerak, The Wall Street Journal ~ Arena Energy LP has filed for bankruptcy with a plan to sell virtually all...
By: David Blackmon – Forbes – Just when you thought 2020 could not get any worse for the oil and gas industry,...
by JACK MONEY, THE OKLAHOMAN ~A federal judge ordered Sunoco Logistics to pay interest and punitive damages totaling about $155 million on nearly...
OKLAHOMA CITY (AP) – After initial charges were filed in May, a federal grand jury in Oklahoma City has indicted three men, accusing...
By: Kevin Crowley – Bloomberg – Malaysia’s state-backed oil company Petroliam Nasional Bhd. has had preliminary talks about buying Permian Basin shale driller DoublePoint...
By: S&P Global Platts – With the US’ 2020 presidential election less than three months away, Cimarex’s drilling plans could change if...
By Haley Samsel – Fort Worth Star-Telegram – Thanks to a partnership with a geoscientist in the Permian Basin, a family-owned oil...
Hellenic Shipping News – The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess...
Reuters – Oil prices steadied on Monday as news that China planned to ship large volumes of U.S. crude in August and...
Brent settled more than 7% lower last week, while WTI lost around 8%. Those were the contracts' most significant weekly declines since Sept. 2, due to slowing economic growth in China and falling risk premiums in the Middle East.
Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up operations against Palestinian militants, medics said. Israel also carried out targeted strikes on sites belonging to Hezbollah's financial arm in Lebanon.
U.S. stocks closed mostly lower on Monday, as 10- and 30-year Treasury yields ended at almost three-month closing highs.
The Dow Jones Industrial Average fell 344.31 points, or 0.8%, to end at 42,931.60, snapping a three-day winning streak, according to the FactSet data. The index logged its largest one-day point and percentage decline since October 7, 2024.
The S&P 500 shed 10.69 points, or 0.2%, to finish at 5,853.98.
The Nasdaq Composite gained 50.45 points, or 0.3%, to close at 18,540.00
Texas is known as the energy capital of the world, but as Chevron’s Duncan...
Cincinnati-based Synthica Energy has officially broken ground on a new Renewable Natural Gas (RNG)...
Story By By Mella McEwen, Oil Editor| Midland Telegram Reporter | Construction of the 42-mile...
Story By Robert Stewart | UpStreamOnline.com | New York-listed driller Nabors Industries will acquire...
By Devika Krishna Kumar and Alex Longley | (Bloomberg) — US oil producers pounced on...
Exxon Mobil Corp, the leading oil producer in the U.S., is planning to sell...
Argus Media | Growing associated gas production and rising breakeven prices for new oil...
Story from BIC.com | The facility will be located near Reno, Nevada, and capable...
Story By Charles Kennedy for Oilprice.com | Europe’s benchmark natural gas prices seesawed in...
California Governor Gavin Newsom signed a new law on Monday aimed at preventing gas...
Story By Simon Watkins for Oilprice.com | As with the Russia-Ukraine War, a key...
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main...
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