By: The Guardian – Royal Dutch Shell has reinstated its decades-long commitment to increasing shareholder payouts, despite admitting that its oil production may...
By: Kevin Mooney – The Philadelphia Inquirer – Pennsylvania stands out among neighboring states as an energy powerhouse that has made smart...
By: The Dallas Morning News – By the year 2050, 8 of 10 cars sold globally will likely be electric. That’s a...
By: Cifford Kraus – The New York Times – Joseph R. Biden Jr.’s promise that he would “transition” the country away from...
By: Adrian Hedden – Carlsbad Current-Argus – Economic analysts are warning that New Mexico could be unable to rely on its oil...
By: Valerie Volcovici & Jessica Resnick-Ault – Reuters – The addition of Amy Coney Barrett to the Supreme Court, moving it further...
By: Bill Holland – S&P Global Platts – Driven by low crude oil prices, U.S. independent shale oil drillers are consolidating at...
By: Myles McCormick – Financial Times – Pioneer Natural Resources has agreed to buy rival Parsley Energy for $7.6bn including debt, marking...
By: Paul Takahashi – Houston Chronicle – ConocoPhillips has long eschewed mergers and acquisitions in favor of disciplined spending and steady, organic...
By: Scott DiSavino – Reuters – Spot natural gas prices at the Waha Hub in the Permian basin in West Texas turned...
Stocks finished sharply lower after President Donald Trump said that Mexico and Canada wouldn't avoid 25% tariffs on imports due to go into effect on Tuesday.
Stocks saw a positive start to the week and month quickly erode Monday morning after a weaker-than-expected reading from the closely followed ISM manufacturing index. Details of the reading showed a large rise in prices paid and a slump in new orders, underscoring fears that tariff fears were having an effect on activity.
Stocks then accelerated the drop, with the Dow down more than 900 points at its session low, after Trump affirmed the tariff plans.
At the closing bell, the Dow Jones finished down 649 points, or 1.5%
The S&P 500 finished with a loss of 1.8%, leaving the large-cap benchmark down 0.5% for the year to date.
The tech-heavy Nasdaq Composite slumped 2.6%, with Nvidia Corp. dropping 8.8% on the day.
Chord Energy is moving to expand its 4-mile lateral drilling program in North Dakota's Williston Basin this year after completing its first such well, which surpassed 30,400 feet in total depth. The company also plans to bring 130 to 150 gross operated wells online this year and is considering selling non-operated Marcellus Shale gas assets acquired from Enerplus.
The AI-driven surge in electricity demand is pushing US utilities and tech companies to double down on natural gas infrastructure. Enverus expects 46 gigawatts of new gas-fired capacity to come online in the next five years, surpassing the past five years' 39 gigawatts. Gas will remain the preferred energy solution in the short term due to its reliability, affordability and speed of deployment, according to Rob Jennings of the American Petroleum Institute.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
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...
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...
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...
The race to lower costs and accelerate production timelines in the Permian Basin has...
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