By: Dave Kolpack – AP – The latest bout of legal wrangling over the collection of North Dakota oil and gas royalties...
By: Ron Busso – Reuters – Deep in the Oman desert lies one of BP’s more lucrative projects, a mass of steel...
(Reuters) – Top U.S. shale oil producer Pioneer Natural Resources Co has put its assets in the Delaware Basin of Texas on...
By: Arathy Nair – Reuters – U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to...
By: Drew Costley – AP – Los Angeles County supervisors voted unanimously Wednesday to phase out oil and gas drilling and ban...
By: Rachel Treisman – NPR – Harvard University says it will end its investments in fossil fuels, a move that activists —...
By: David French – Reuters – GeoSouthern, a U.S. natural gas exploration and production company backed by Blackstone Inc’s credit investment arm,...
By: Adrian Hedden – Carlsbad Current Argus – Debate over federal action to prevent the extinction of a small, desert bird in...
By: Pejman Kazempoor – Newswire – Whether for a natural gas pipeline or an offshore production platform, the carbon footprint of reciprocating...
By: Stephanie Kelly – Reuters – Oil prices fell on Monday after Saudi Arabia’s sharp cuts to crude contract prices for Asia...
U.S. stocks finished lower after choppy trading, following the Federal Reserve's decision to lower its benchmark interest rate by half a percentage point, an aggressive start to a monetary-easing cycle in the world’s largest economy.
According to FactSet data, the Dow Jones Industrial Average was off 103.08 points, or 0.3%, to end at 41,503.10. The blue-chip index logged its worst daily point and percentage declines since Sept. 6 after reversing its nearly 400-point advance in the immediate aftermath of the Fed decision.
The S&P 500 fell 16.32 points, or 0.3%, to finish at 5,618.26, snapping a seven-day winning streak.
The Nasdaq Composite lost 54.76 points, or 0.3%, ending at 17,573.30.
In addition to the rate-cut decision, policymakers said they expect to lower interest rates multiple times by the end of 2024. According to the Fed's Summary of Economic Projections, also released Wednesday, the policy rate could fall to a range of 3.25% to 3.5% by the end of 2025.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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