by Bloomberg, via RigZone.com |Weilun Soon| The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker...
Italian energy giant Eni has unveiled one of the world’s most powerful supercomputers, marking a significant leap in its technological capabilities. Named...
Crude oil production in the U.S. Lower 48 (L48) states, which excludes Alaska and offshore production, reached a record 11.3 million barrels...
This year’s funding is part of an overall historic $4.7 billion investment from President Biden’s Bipartisan Infrastructure Law to address orphaned oil...
The Texas Independent Producers and Royalty Owners Association (TIPRO) recently highlighted a slight decline in Texas upstream employment for November, marking the...
Story By Mella McEwen | Midland Telegram-Reporter| ExxonMobil has reached the milestone of 1,000 horizontal wells in the New Mexico portion of...
U.S. President-elect Donald Trump has issued a strong call for the European Union (EU) to ramp up imports of American oil and...
Battalion Oil Corporation has terminated its merger agreement with Fury Resources, Inc., citing Fury’s inability to meet financial obligations necessary to close...
Woodside Energy and Chevron have announced a transformative asset swap agreement designed to streamline their operations and optimize their portfolios within Australia’s...
By Jov Onsat| rigzone.com |Twelve countries surrounding the Baltic Sea and the North Sea have jointly agreed on “further action” to ward off...
U.S. stocks finished lower on Tuesday, with the tech-heavy Nasdaq Composite leading declines. Semiconductor shares tumbled on concerns of continued pressures in the broader chip market.
The Nasdaq Composite slumped 187.10 points, or over 1%, ending at 18,315.59, according to FactSet data. It was the largest one-day point and percentage decline since Oct. 7, according to Dow Jones Market Data.
The S&P 500 lost 44.59 points, or 0.8%, to finish at 5,815.26. The large-cap benchmark index also snapped a two-day winning streak.
The Dow Jones Industrial Average was off 324.80 points, or nearly 0.8%, ending at 42,740.42.
U.S. semiconductor stocks fell on Tuesday after the Dutch microchip-equipment maker ASML Holding N.V. said it expects a “more gradual” recovery in the chip sector than previously anticipated. Shares of Nvidia Corp. and Advanced Micro Devices Inc. were down 4.7% and 5.2%, respectively.
The Dow, on the other hand, was dragged down by a 8.1% slump in shares of UnitedHealth Group Inc. The healthcare giant beat third-quarter profit and revenue expectations but missed on the medical-care profitability and lowered its full-year outlook.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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