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...
Comstock Inc. (NYSE: LODE) announced today that its subsidiary, Comstock Fuels Corporation, has been approved for a $3 million incentive award from...
William G. Skelly aka William Grove “Bill” Skelly, born to the humble beginnings of Irish and English immigrants in Erie, Pennsylvania, on...
Colorado’s Energy and Carbon Management Commission (ECMC) has unveiled further details regarding the alleged manipulation of contamination data at numerous oil and...
Trevor Hawes |Midland Telegram-Reporter | Banks maintained a “stay the course” mentality during the fall credit redeterminations season, but among the questions...
According to data from the EIA Petroleum Status Report, crude oil inventories in the US fell by 11.473 million barrels in the week that ended June 13, 2025, the most in a year and more than market expectations of a 2.3 million barrel decrease.
Also, stocks in the Cushing, Oklahoma, delivery hub went down by 995 thousand barrels.
Among refined fuels, gasoline stocks rose by 209 thousand barrels and stocks of distillate fuels increased by 514 thousand barrels.
WTI crude oil July futures climbed 3 cents to $74.87 per barrel on Wednesday after rising to as high as $76 earlier in the session, while Brent Crude for August delivery closed down 24 cents, at $76.21 per barrel, trading as high as $77.43 during the session.
The Dow Jones Industrial Average gave up an almost 300-point gain to end lower, while the S&P 500 closed flat, on Wednesday after the Federal Reserve left interest rates unchanged and raised its inflation outlook for the year.
The Dow fell 44.14 points, or 0.1%, to close at 42,171.66, after losing a 294.27-point gain that sent it to a session high of 42,510.07 earlier in the day, based on preliminary data. Wednesday's closing level is the lowest since May 28.
The S&P 500 fell less than 2 points to finish flat at 5,980.87.
The Nasdaq Composite advanced 25.18 points, or 0.1%, to end at 19,546.27.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Trying to catch up in oil and gas production is difficult enough. It becomes...
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