NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...
By: Dylan Goforth – Enid News & Eagle – Gov. Kevin Stitt this week sent a letter to President Donald Trump, urging...
USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
By Greg Avery – Reporter, Denver Business Journal – Denver-based oil company Whiting Petroleum is seeking Chapter 11 bankruptcy protection, the first of what experts...
Houston Chronicle – Bankruptcy attorneys and restructuring experts are quickly becoming the most popular people in the oil patch. Energy companies are...
Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...
David Gaffen, (Reuters) The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic...
Bloomberg – The American shale industry shocked the world with its rebound after the 2014-2016 bust, setting records for output that pushed...
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Journal Record – Oklahomans who filed 17,720 initial claims for unemployment benefits last week shattered a nearly 30-year-old record. The previous record...
The International Longshoremen's Association, representing 45,000 dockworkers at East and Gulf coast ports, has agreed to suspend their strike until January 15, allowing time for contract negotiations with the U.S. Maritime Alliance. While wage increase terms have reportedly been reached, other details remain undisclosed as the agreement awaits final signatures, with workers set to resume their duties immediately.
The strike, which began Tuesday after the previous contract expired, affected 36 ports from Maine to Texas that handle approximately half of U.S. ship cargo. Though occurring during the peak holiday shopping season, most retailers had prepared for the potential disruption by stocking up or shipping early, minimizing immediate impacts on consumer goods availability.
U.S. stocks closed lower on Thursday but off the session's lows as traders monitored developments in the Mideast conflict and awaited a monthly jobs report in the U.S.
According to Dow Jones Market Data, the Dow Jones Industrial Average shed 184.93 points, or 0.4%, to end at 42,011.59, its biggest daily drop in roughly a week.
The S&P 500 fell 9.60 points, or 0.2%, finishing at 5,699.94.
The Nasdaq Composite dropped 6.65 points, or less than 0.1%, closing nearly unchanged at 17,918.48.
The powerful rally driving stocks to fresh highs took a breather in the first week of October as the Mideast conflict intensified. Oil prices rose, and other headwinds kept investors on edge. Friday's jobs report for September will be a key data point in helping to inform the Federal Reserve's next move on interest rates.
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
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