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...
By: Avi Salzman – Barrons – Chesapeake Energy, the Oklahoma oil and gas producer that emerged from bankruptcy in February, was Exhibit A...
By: Brandon Evans – S&P Global Platts – Although Bakken natural gas production rebounded over the past year, volumes look to dip...
By: Christopher M. Matthews – WSJ – For years, Exxon Mobil Corp. didn’t have to pay much attention to investors because of its...
By: Reuters – Cabot Oil & Gas Corp (COG.N) and Cimarex Energy Co (XEC.N) on Monday agreed to merge to form a U.S. oil and...
Business Wire – Kayne Anderson Energy Funds is pleased to announce the all-equity consolidation of Casillas Petroleum Resource Partners, LLC, Native Exploration...
An Israeli airstrike early Saturday hit a school compound in northern Gaza where displaced Palestinians were sheltering, killing more than 90 people, according to Gaza health authorities.
The Israeli military said Hamas and another armed Palestinian group were using the school compound in Gaza City for military operations and attacks on Israel.
U.S. stocks closed Friday higher, significantly cutting losses from earlier in the week. Equities staged a big comeback after extreme turbulence hit global financial markets.
According to preliminary data, the Dow Jones Industrial Average ended up about 51 points, or 0.1%, at around 39,497.
The S&P 500 closed 24 points higher, or 0.5%, closing near 5,344.
The Nasdaq Composite finished up 85 points, or 0.5%, finishing around 16,745.
On a weekly performance basis:
The Dow closed 0.6% lower, off from a peak 3.1% retreat on Monday from the previous Friday's close, per Dow Jones Market Data. The S&P 500 shed less than 0.1%, after sinking 4.3% Monday. The Nasdaq ended down 0.2%, after tumbling 6.4% Monday.
Treasury yields also were swept up by market volatility, with the benchmark 10-year rate closing out the week at 3.943%, its sixth lowest level of the year.
A passenger plane carrying 62 people crashed on Friday outside São Paulo, Brazil, killing all onboard, according to the Brazilian authorities.
The airline operating the flight, VoePass, said that Flight 2283 had crashed in the Brazilian city of Vinhedo, near its destination, São Paulo. The flight had taken off from Cascavel, Brazil, about 450 miles away, for a nearly two-hour scheduled flight that VoePass has been operating daily.
According to FlightRadar24, a provider of flight data, the plane was an ATR 72, a twin-engine regional turboprop made by ATR, a joint venture of two European aerospace manufacturers, Airbus and Leonardo. VoePass used the same plane to fly from São Paulo to Cascavel earlier on Friday, according to FlightRadar24 data.
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...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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 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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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