By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their electrical grid system, as vast quantities of renewable...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position in the U.S. lithium market, announcing today a...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of 548,000 oil bpd. 🟢 Analysts say...
The U.S. Interior Department has proposed a major rule change that could reshape onshore oil and gas development in the West. Under...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of diplomacy with Iran and rising expectations for increased...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where they expect the West Texas Intermediate (WTI) crude...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and gas industry emissions of the powerful greenhouse gas...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to oil and gas operators in a ruling that...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest $1.3 billion (13 billion Norwegian crowns) in the...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its latest U.S. crude oil and natural gas proved...
Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran, looked set to keep sanctions on both OPEC+ members, Russia and Iran, in place for longer.
Brent crude futures rose $1, or 1.5%, to settle at $65.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 89 cents, or 1.4%, to close at $63.41.
"Risk premium has ramped up this week as the prospect of a Russia/Ukraine ceasefire as well as an Iranian nuclear deal now appear to have been pushed back for weeks if not months," analysts at energy advisory firm Ritterbusch and Associates said in a note.
The stock market closed higher Tuesday, with the technology-heavy Nasdaq Composite erasing its 2025 losses to join the S&P 500 in positive territory for the year.
The Dow Jones Industrial Average ended 0.5% higher [+214.16] on Tuesday, while the S&P 500 rose 0.6% [+34.43] and the Nasdaq Composite gained 0.8%, [+156.34] according to preliminary FactSet data. The Nasdaq is now up 0.5% so far in 2025.
The U.S. stock market climbed Tuesday as investors assessed fresh data showing job openings rose more than expected in April. The number of job openings in the U.S. increased to 7.4 million in April, exceeding the 7.1 million forecast by economists polled by the Wall Street Journal.
The Dow advanced for a fourth straight day but came up just shy of totally wiping out its 2025 losses, finishing Tuesday down 0.1% year to date, the preliminary FactSet data show. The S&P 500 booked back-to-back gains on Tuesday, increasing its climb so far in 2025 to 1.5%.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
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 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,...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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