By: Paul Takahashi – Houston Chronicle – Nearly 60,000 oil exploration and production jobs in Texas were lost in 2020, a staggering...
By: Jennifer A. Dlouhy – Bloomberg – The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without...
By: Bryce Erickson – Forbes – The recent rise of oil prices returning to over $50 per barrel is a welcome sign...
By: Derek Brower and Myles McCormick – Financial Times – Smaller, slower, and more profitable. These are the watchwords for Chesapeake Energy...
By: Victoria Cavaliere – Business Insider – Exxon and Chevron discussed merging the oil companies last year, a move that would have...
By: Starr Spencer – S&P Global Platts – The US oil and gas rig count jumped climbed 12 to 442 in the...
By: Andrew Baker – NGI – Lower 48 oil and gas producers have drawn down their inventory of drilled but uncompleted (DUC)...
By: Sergio Chapa – Bloomberg – Elon Musk recently moved to Texas, where he launches some of his rockets and is building a...
By: David Blackmon- Forbes – Officials in the state of New Mexico professed to be taken aback last week by President Joe...
By: Matthew Brown – AP – The Biden administration announced Thursday a 60-day suspension of new oil and gas leasing and drilling...
South Korea’s top court voted unanimously to dismiss the country’s impeached president, Yoon Suk Yeol, on Friday, clearing the way for the key American ally to elect a new leader after months of political turmoil that has tested its democratic guardrails.
In a ruling that millions of South Koreans watched on live television, the Constitutional Court’s eight justices endorsed the National Assembly’s decision to impeach Mr. Yoon for his failed attempt to place his country under martial law in December. With that ruling, Mr. Yoon, who had been suspended from office since the parliamentary vote on Dec. 14, was formally unseated.
Stocks closed sharply lower on Thursday as President Donald Trump's latest tariffs rocked Wall Street, with the S&P 500 posting its worst daily drop since mid-2020, according to Dow Jones Market Data.
Bond yields sank as investors flocked to haven government debt, fueled by growing worries that the U.S. economy could falter amid the uncertain backdrop for global trade.
According to FactSet data, the Dow Jones Industrial Average shed 1,679.39 points, or 4%, to end at 40,545.93.
According to Dow Jones Market Data, the S&P 500 skidded 274.45 points, or 4.8%, to 5,396.52, logging its biggest daily drop since June 11, 2020.
The Nasdaq Composite Index shed 1,050.44 points, or 6%, to 16,550.61, its biggest daily drop since March 16, 2020.
Oil prices dropped 6% on Thursday after OPEC+ accelerated its plan to increase oil output in May, compounding losses from US President Trump’s new tariffs, with Brent futures falling by $4.51 to $70.44. In today’s OPEC+ ministers’ meeting, countries decided to raise output by… pic.twitter.com/TRRrNnknEZ
— Zoom News (@zoomnewskrd) April 3, 2025
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
A key hearing is set for this Friday in Big Spring, Texas, in a...
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Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
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By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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