Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between Russia and the West. European officials and the...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to the level required for nuclear weapons, a sign...
Over the past five years, BP has attempted to make a bold move to transform itself from a traditional oil giant into...
By Tsvetana Paraskova for Oilprice.com | The Johan Sverdrup oilfield offshore Norway, the largest oilfield in Western Europe, resumed production early on...
Entergy has big plans for northeast Louisiana. The company has proposed a $3.2 billion project to build a natural gas plant to...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) has revealed its latest Henry Hub natural gas spot price forecast...
After plenty of hype, the new Taylor Sheridan series Landman is finally hitting Paramount+ tomorrow, offering viewers a closer look at the...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to serve as his next secretary of the Department...
FourPoint Resources, alongside its partners Quantum Capital Group and Kayne Anderson, has agreed to acquire Ovintiv Inc.’s assets in the Uinta Basin...
NEW YORK- (Reuters) – U.S. and global oil production are set to rise to slightly larger record highs this year than prior...
U.S. stocks ended sharply lower Monday after the Dow Jones Industrial Average finished last week at a record high, as Treasury yields climbed above 4% for the first time since August.
The Dow Jones Industrial Average dropped 398.51 points, or 0.9%, to end at 41954.24. This is the index's largest one-day point and percentage decline since September 6.
The S&P 500 declined 55.13 points, or 1%, to finish at 5695.94. This is the index's largest one-day point and percentage decline since September 6.
The Nasdaq Composite fell 213.95 points, or 1.2%, to close at 17923.90.
Chevron said the divestitures are part of its plans to sell $10 billion to $15 billion worth of assets by 2028 following the company’s
acquisition of Hess Corp. for $53 billion.
Milton’s exact path was still being mapped, but forecasters said there was growing confidence that a powerful hurricane with life-threatening hazards would affect portions of the Florida West Coast.
There is also a chance that Milton will weaken slightly. Even if it loses some strength, this could mean the storm grows and the hurricane becomes even larger at landfall, increasing the dangerous effects over a much larger area.
In the housing market, what goes down must come up.
A new survey by Fannie Mae found that housing sentiment has improved significantly. A record share of consumers are optimistic about mortgage rates falling over the next 12 months.
But an increasing share are also expecting home prices to increase.
In September, the share of respondents who said they expect mortgage rates to go down in the next 12 months rose to 42% from 39% the previous month, according to a monthly survey by housing finance giant Fannie Mae.
The share of respondents who expected home prices to increase over the same period also increased to 39% from 37%.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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