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...
By: J. Robinson – S&P Global Platts – A steep drop in Permian gas production this year is driving a significant shift...
By: Jensen Werley – Denver Business Journal – QEP Resources (NYSE: QEP), a Denver-based oil and gas company, is being acquired by...
By: Camille Erickson – Casper Star-Tribune – An oil and gas lease sale held last week in Wyoming by the Bureau of...
By: Storme Jones – News On 6 – The Seminole Nation of Oklahoma sent energy companies within tribal boundaries a letter notifying...
By: Judith Kohler – The Denver Post – SandRidge Energy is selling its operations in Colorado’s North Park for $47 million to Gondola...
By: Arunima Jumar – Reuters – U.S. oil refiner Phillips 66 on Monday set its 2021 capital budget at $1.7 billion, around...
By: Jude Clemente – Forbes – For the U.S. oil & gas industry, the struggle through Covid-19 might just be the “most unique...
By: Kevin Crowley and Sergio Chapa – Bloomberg – Texas’s main oil regulator has been prohibited from waiving environmental rules and fees,...
The numbers: It’s gotten harder for the unemployed to find work: Job openings in the U.S. fell at the end of 2024 to the second lowest level since the end of the pandemic.
In December, job openings in the U.S. decreased to 7.6 million from 8.2 million in November, marking a significant drop from the 2022 peak of 12.2 million. This decline reflects a broader trend over the past two years where openings have decreased sporadically by over a third. Additionally, the labor market is showing signs of cooling as it now takes longer for people to find jobs after losing them, with unemployment benefits claims reaching their highest levels since 2018, excluding the pandemic years. There has also been a notable increase in the number of people unemployed for over six months. The recent job openings data suggests that the labor market may not be as robust as suggested by the job growth reported in November and December. Further insights are expected with the January employment report, which will also include revisions to last year’s job estimates, amidst speculations by some economists that these gains have been overstated.
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...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
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