By: Liz Hampton – Reuters – Shale oil and gas producer APA Corp (APA.O) on Monday said it has ended routine gas flaring...
By: David Wethe, Kevin Crowley, and Sergio Chapa – Bloomberg – Oil prices above $80 a barrel are once again spurring a...
By: John M. Nelson – Haute Lawyer – After two years of negotiations, Ovintiv Inc. has agreed to pay $19.5 million to...
By: Josyana Joshua – BNN Bloomberg – Low-carbon fracking—as oxymoronic as it sounds—is gaining traction across the U.S. But since it still...
By: Mella McEwen – Midland Reporter-Telegram – In recent years, Tim Dunn, chief executive officer of CrownQuest Operating, has seen public companies...
Three local men including a former Continental Resources employee who were accused of diverting unclaimed royalties to enrich themselves recently pleaded guilty...
By: Judith Kohler – The Denver Post – The recovering economy is driving up natural gas prices, which could boost energy companies’...
By: David French & Arathy Nair – Reuters – ConocoPhillips (COP.N) is offering to sell about $500 million in conventional oil and gas...
Press Release – US DOJ – Devon Energy Corporation, an Oklahoma-based oil and natural gas exploration and production company, and its affiliates,...
By: Reuters – Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80, as a...
Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, but losses were curbed by investors weighing a potential drop in diesel supplies.
Brent crude futures settled down 7 cents, or 0.1%, to $69.21 a barrel. U.S. West Texas Intermediate crude settled down 14 cents, or 0.2%, to $67.20.
The European Union approved on Friday the 18th package of sanctions against Russia over its war in Ukraine, which also targeted India's Nayara Energy, an exporter of oil products refined from Russian crude.
"The market right now thinks that supply will still make it to market in one way, shape or another. There is not too much concern," said John Kilduff, a partner at Again Capital in New York.
Kremlin spokesperson Dmitry Peskov said on Friday that Russia had built up a certain immunity to Western sanctions.
The EU sanctions followed U.S. President Donald Trump's threats last week to impose sanctions on buyers of Russian exports unless Russia agrees to a peace deal within 50 days.
U.S. stocks ended mostly higher on Monday, with tech stocks leading the gains as investors looked ahead to earnings from major tech companies, including Tesla and Google’s parent Alphabet, due later this week.
The Dow Jones Industrial Average went down 19.12 points or 0.04% to end at 44,323.07, marking back-to-back losses, according to the Dow Jones Market Data.
The S&P 500 went up 8.81 points or 0.1% to end at 6,305.60, a record close. It is the index's 10th record close of the year.
The Nasdaq Composite rose 78.52 points or 0.4% to finish at 20,974.17, also closing at a record and marking its sixth consecutive daily gain. It is the index's 12th record close of the year.
U.S. stocks kicked off trade Monday with modest gains ahead of earnings from crucial tech players later this week as traders also kept an eye on tensions between the White House and the Federal Reserve and continued to monitor trade negotiations.
"Big banks kicked off earnings season on a mostly positive note last week, but tech and AI enthusiasm played a bigger role in helping some of the major indexes tag more record highs," said Chris Larkin, managing director for trading and investing at E-Trade from Morgan Stanley, in a note. The Nasdaq ended Friday at a record, while the S&P 500 notched a record finish on Thursday.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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...
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...
Have your oil & gas questions answered by industry experts.