The World Bank has made a landmark decision by lifting its long-standing ban on financing nuclear energy projects in developing nations. Announced...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex over a debt that now exceeds 300 million...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage in a protracted oil price war with its...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus Shale is being turned into power for artificial...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it will acquire Sitio Royalties (NYSE: STR) in an...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand is expected to grow, the long-term outlook for...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a groundbreaking lawsuit that challenged the state’s enforcement of...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet members north this week to support long-stalled oil...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman...

U.S. stocks finished slightly lower on Monday as artificial intelligence stocks extended their recent slide, with investors continuing to rotate away from high-flying tech names ahead of a critical week of delayed economic data.
Market Drivers: Certain AI stocks bogged down the broader market during Monday's session, with shares of Broadcom and Oracle—two names that led a rotation away from AI last week—declining more than 5% and more than 2%, respectively. Others like Microsoft also suffered some losses.
The market wiped out an initial 0.5% gain and moved lower after the opening bell, with megacap tech serving as a source of weakness. Small cap names lagged, with the Russell 2000 trailing the S&P 600.
Sector Performance: Investors moved instead to areas more sensitive to the economy, such as consumer discretionary and industrials. They also loaded up on health-care shares. Energy was the lagging sector as both crude and natural gas continued to slide, while biopharma and managed care names mainly traded higher.
The Permian Basin is approaching a defining arithmetic milestone in December 2025. According to...
Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
The history of the global oil and gas industry is inextricably linked to the...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
WASHINGTON (AP) — Oil companies offered $300 million for drilling rights in the Gulf...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
Mella McEwen | Midland Reporter-Telegram | ExxonMobil has released its updated corporate plan through...
Have your oil & gas questions answered by industry experts.
