By: Bozorgmehr Sharafedin – Reuters – Almost one in three workers in the oil and gas industry faced pay cuts in 2020,...
HART ENERGY, by Emily Patsy. Northern Oil and Gas Inc. expanded its footprint in the Permian Basin during fourth-quarter 2020, the company...
By: Janet McGurty – S&P Global Platts – Phillips 66 is moving its emerging energy operations to a separate segment, which will...
By: Dan Eberhart – Forbes – Saudi Arabia’s decision Tuesday to cut an additional 1 million barrels a day of production in February...
By: Brandon Evans and Rachel Wiser – S&P Global Platts – Despite rig counts in the Bakken Shale remaining low due to...
DAYTON, Ohio (WKEF/WRGT) — While many people are hoping that 2021 will change a lot of what happened during 2020, but one...
LONDON (Bloomberg) by Grant Smith. As one of the most tumultuous years in oil’s history ends, a delicate task now confronts OPEC+....
Casper Star-Tribune. By Camille Erickson Via Wyoming News Exchange. CASPER – Rigs and the ubiquitous heads of pumpjacks, usually faithfully bobbing up...
S&P Global – After years of punishment as the shale gas boom imploded, many shale gas stocks outperformed major indexes and their...
RigZone.com. By Andreas Exarheas – Pacific Drilling S.A. (OTC: PACDQ) has announced that the United States Bankruptcy Court for the Southern District...
U.S. stocks finished mostly higher on Tuesday, as the S&P 500 clawed back to positive territory for the year to seal a stunning comeback just over a month after it had tumbled to recent lows amid President Trump's aggressive and far-reaching tariff plans.
The S&P 500 gained 42.36 points, or 0.7% to finish at 5,886.55, extending Monday's rally on the heels of the easing U.S.-China trade tensions. The large-cap index is now positive for the year, up a modest 0.1% so far in 2025, according to FactSet data.
The Dow Jones Industrial Average fell 269.67 points, or 0.6%, to end at 42,140.43, weighed down by a 17.8% slump in shares of UnitedHealth Group Inc.
The Nasdaq Composite surged 301.74 points, or 1.6%, ending at 19,010.08.
Earlier, the consumer-price-index (CPI) report for April showed inflation came in cooler than expected. The headline CPI rose 0.2% last month for an annual rate of 2.3%, below the 2.4% increase forecast by Wall Street analysts.
Core inflation, which excludes volatile energy and food prices, advanced 0.2% in April for an annual pace of 2.8%, according to the Bureau of Labor Statistics.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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