By Rachel Adams-Heard HOUSTON (Bloomberg) — Legendary wildcatter Floyd Wilson is back with his “ninth or tenth” oil company, after his departure from...
By Tom DiChristopher – CNBC News — ConocoPhillips on Thursday announced it has struck an agreement to sell its UK oil and gas...
NEW YORK/HOUSTON (Reuters) – Growing production of Texas super-light oil – and worries about its quality compared with other types of crude...
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CNBC —Chevron announced plans Friday to acquire oil and gas exploration and production company Anadarko Petroleum in a cash and stock deal valued at $33...
LONDON (Reuters) – One of the world’s biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders...
By Javier Blas —Bloomberg — Standing at the center of the prolific Permian Basin, Scott Hodges explains how the future of the world’s...
(Bloomberg) — For the last six years, Kevin Bowen has made good money selling sand to shale frackers who use it for...
(Reuters) – Next-day natural gas prices for Wednesday at the Waha hub in West Texas plunged to record negative levels as a...
Roswell Daily Record — A Roswell energy development company has paid almost $400,000 for an oil and gas lease in Lea County,...
U.S. stocks closed mostly higher on Wednesday, with the Dow Jones Industrial Average and S&P 500 securing a seventh straight session of gains, despite data that showed a sharp slowdown in first-quarter economic growth.
The Dow had its largest seven-day percentage gain since the period that ended on Oct. 31, 2022. Meanwhile, the S&P 500 had its biggest seven-day percentage gain since the period that ended on Nov. 10, 2020.
The Dow Jones rose 141.74 points, or 0.4%, to finish at 40,669.36, based on preliminary data. It had fallen earlier in the day by as much as 781.99 points to a session low of 39,745.63. The Dow has risen by a total of almost 7% over the last seven trading days.
The S&P 500 rose 8.23 points, or almost 0.2%, to close at 5,569.06. It has risen by almost 8% over the last seven trading days.
The Nasdaq Composite declined 14.98 points, or almost 0.1%, to end at 17,446.34.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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