By: Jack Money – The Oklahoman – An oil and gas company claims in a lawsuit filed last week that a representative...
By: Amy R. Sisk – The Bismark Tribune – North Dakota has ranked as the nation’s second-biggest oil producer for nine years,...
By: Ron Bousso, Jessica Resnick-Ault, David French – Reuters – The sale could be for part or all of Shell’s position in...
By: Joshua Mann – Houston Business Journal – Houston-based Occidental Petroleum Corp. (NYSE: OCY) is continuing its divestment campaign with a new...
By: Erika Stanish – FOX25 – The Oklahoma State Treasurer announced the state’s economy is “rapidly emerging” from the COVID-19 pandemic. Oklahoma...
By: Jack Money – The Oklahoman – A guilty plea in federal court submitted by a former Continental Resources employee is related...
By: Alex Lawler – Reuters – Oil jumped to a two-year high above $72 a barrel on Monday, extending this year’s rally...
By: J. Carl Cecere – Bloomberg Law – Texas, like a number of resource-rich, low-regulation, free-market states in the West, is home...
By: Tsvetana Parask – OilPrice – The surge in climate activism demanding that Big Oil drastically cut emissions and shift strategies to...
By: Dimitry Zhdannikov – Reuters – Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the...
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.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Have your oil & gas questions answered by industry experts.