ODESSA, TEXAS (Jennifer Hiller – Reuters) – In west Texas shale towns, the center of the U.S. oil boom, about 3,800 students...
Article originally published by McKinsey & Company.By Jeremy Brown, Florian Christ, Tom Grace, and Sehrish Saud After years of high growth, the...
James Osborne – Houston Chronicle – For decades, the U.S. oil and gas industry has provided a reliable bankroll for Republican politicians...
(Liz Hampton – Reuters) – The number of oil and gas wells in Texas readied for production fell nearly 12% in the...
Starr Spencer – SPGlobal – Houston – Private US exploration and production companies are typically smaller in resources and staff than their larger...
Erin Douglas – Houston Chronicle: Texas’ energy sector is slowing down. Energy companies’ profits profits plunged last quarter, prices for crude are stuck in...
By Tyler Crowe– Ball Morse Lowe, PLLC. ~ Time, title, possession, ownership interest. The four elements of joint tenancy have endured throughout real property ownership...
By Tsvetana Paraskova for Oilprice.com – A year ago, the Powder River Basin in northeastern Wyoming was thought to be the next hot...
By Jordan Blum – Houston Chronicle – Some of the top oil producers in the booming Permian Basin reported mixed financial results...
From The Oklahoman – Oil and natural gas production in Oklahoma is likely to continue increasing even as companies further cut the...
U.S. stocks saw a mixed finish Friday, with the S&P 500 posting a small weekly decline, as investors tracked developments around the Iran-Israel conflict and the potential for direct U.S. involvement.
The Dow Jones Industrial Average finished with a gain of around 35 points, or 0.1%, near 42,207, according to preliminary data, leaving the blue-chip index marginally positive on the week.
The S&P 500 shed around 13 points, or 0.2%, to end near 5,968, for a weekly fall of 0.2%.
The Nasdaq Composite lost around 99 points, or 0.5%, to finish near 19,447, up 0.2% on the week.
U.S. markets were closed Thursday for the Juneteenth holiday, while so-called triple-witching — the simultaneous expiration of individual stock options, index-futures options and futures contracts — failed to produce a volatility spike in Friday's session.
The White House on Thursday said President Donald Trump would decide in two weeks whether to directly strike Iran. Oil futures pulled back, helping to calm fears around a potential energy price shock. However, strategists noted that investors are unlikely to shake those concerns as long as the Israel-Iran conflict continues.
Chevron Corp. has entered the U.S. lithium extraction sector by acquiring about 125,000 net acres in the Smackover Formation in two deals, the energy company said June 17.
One leasehold position was acquired from TerraVolta Resources, while the other was acquired from East Texas Natural Resources. Financial details of the transactions were not discussed. The acreage spans Northeast Texas and Southwest Arkansas, which has become a hotbed of activity for companies extracting lithium from brine.
Chevron joins peers Exxon Mobil Corp., Occidental Petroleum, and Equinor in the Smackover region. Here, oil and gas companies have been using their subsurface expertise to boost the domestic supply of the critical mineral used for electric vehicle batteries and energy storage systems, among other uses.
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By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
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