By: Kevin Crowley – Bloomberg – President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies...
By: Bloomberg – The U.S. government program for selling drilling rights on federal land is so “fundamentally broken” that changes could be...
The US tight oil industry was hit particularly hard in 2020, a year that was one of the most disruptive for global...
By: CNBC – The oil and gas industry’s largest trade group Thursday endorsed a price on planet-warming carbon emissions, marking a major...
By: Greg Roumeliotis – Reuters – Pioneer Natural Resources Co is nearing a deal to acquire oil producer DoublePoint Energy for more...
By: S&P Global Platts – President Joe Biden’s $2 trillion infrastructure and energy plan would dramatically reshape the nation’s energy landscape by...
By: Scott Carpenter – Forbes – Gone are the days when shale oil and gas companies could persuade investors to write checks...
By: Scott Carpenter – Forbes – In March 2016 Vicki Hollub, who had just become the CEO of major oil firm Occidental...
By: Susan Montoya Bryan – AP – New Mexico oil and gas regulators on Thursday adopted new rules to limit most venting...
By: Emma Newburger – CNBC – Fourteen states filed suit on Wednesday against President Joe Biden’s moratorium on new oil and natural gas leases on...
Major U.S. stock indexed closed lower on Thursday, pausing a powerful rally sparked a day earlier by falling bond yields and encouraging signs on the inflation front.
The Dow Jones Industrial Average fell about 68 points, or 0.2%, ending around 43,153, according to preliminary data.
The S&P 500 index lost 12 points, or 0.2%, ending around 5,937.
The Nasdaq Composite Index shed about 172 points, or 0.9%, closing near 19,338.
The 10-year yield fell to 4.606% Thursday, retreating from its one-year high of 4.802% set on Monday. But a cautious tone remained in markets with investors focused on what policies might be a top priority under the incoming Trump administration — and the Treasury market's likely reaction to them.
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by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
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