Mike Wittner – The ICE – The world oil market is in the midst of a massive collapse in demand, driven by...
Bethany Blankley – The Center Square – The push to bring more economic development to the Appalachian region of western Pennsylvania, West...
Nathaniel Bullard – Bloomberg – Gas is the future. On Sunday, Virginia-based utility Dominion Energy Inc announced plans to sell almost all of...
TIME – The U.S. Supreme Court handed another setback to the Keystone XL oil sands pipeline from Canada on Monday by keeping...
Reuters – Canada’s drilling rig count, a bellwether of the oil and gas industry’s growth, has plummeted far below previous records, raising...
Bloomberg – Dominion Energy Inc., one of the largest utilities in America is starting to turn its back on natural gas. Dominion...
By: David Blackmon – Forbes – Drilling? Consolidation? What Drilling? What consolidation? – The highlights of the quarterly mergers and acquisitions tracking report...
By: Sam Meredith – CNBC – Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets...
By: Mella McEwen – Midland Reporter-Telegram – For 80 years, the weekly rig count provided by the Baker Hughes service company has...
By: Jack Money – The Oklahoman – Chesapeake Energy Corp. aims to whittle down a substantial amount of crippling debt through a...
Oil futures settled higher on Monday after President Donald Trump said in a Truth Social post that countries that purchase oil from Venezuela will face a 25% tariff on all of their imports to the U.S. starting April 2. He also imposed new tariffs on Venezuela, according to the Associated Press.
The decision to impose tariffs on buyers of crude from Venezuela is "based on the alleged arrival of tens of thousands of Venezuelan migrants with violent backgrounds, which has been presented as a threat to U.S. national security," said Antonio Di Giacomo, a financial markets analyst at XS.
He said the impact on the energy market was immediate. Prices climbed Monday, with the May contract for West Texas Intermediate crude up 83 cents, or 1.2%, to settle at $69.11 a barrel on the New York Mercantile Exchange. May Brent crude settled at $73 on ICE Futures Europe, up 84 cents, or 1.2%.
Stocks jumped Monday on optimism that President Donald Trump may hold back from implementing some of his wide-ranging tariff plans and so the U.S. could skirt an economic slowdown from a protracted trade war.
The Dow Jones Industrial Average jumped 597.97 points, or 1.42%, to end at 42,583.32. The S&P 500 added 1.76% and closed at 5,767.57, while the tech-heavy Nasdaq Composite gained 2.27% to settle at 18,188.59.
Shares of Tesla which have fallen nine straight weeks, were up nearly 12%, adding to their Friday gains. Meta Platforms and Nvidia each climbed more than 3%.
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,...
The race to lower costs and accelerate production timelines in the Permian Basin has...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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