As Joe Biden’s vice president, she strongly supported every anti-energy order from the White House, 👀 and saying “There’s no question I’m in favor...
By David White (Bloomberg) — The cost to drill and frack new wells in US shale basins is expected to drop about...
Denver-based Ovintiv Inc. has once again increased its production guidance for the year, following a second-quarter performance that saw output reach the...
Story by Andreas Exarheas| RigZone.com | Oil’s Bermuda triangle is nearing an end, a Bofa Global Research report sent to Rigzone by the...
The relentless pace of transactions in the US shale sector signals that industry players are gearing up for a future with limited...
By Alex Kimani |OilPrice.com| The U.S. Department of Energy has finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum...
Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
Story Credit: Bloomberg – By Bill Lehane| According to the Renaissance Energy Advisors consultancy, American crude grade WTI Midland has replaced West...
Insurers are now assessing the financial fallout from last week’s massive CrowdStrike software glitch, which crashed computers, canceled flights, and disrupted hospitals...
Helmerich & Payne, Inc. and KCA Deutag International Limited (“KCA Deutag”) announced a definitive agreement under which the H&P drilling company will...
U.S. stocks closed higher Friday, with the Dow Jones Industrial Average and S&P 500 each ending at record highs after major Wall Street banks JPMorgan Chase & Co. and Wells Fargo & Co. reported quarterly earnings.
The Dow Jones gained 409.74 points on Friday, or 1%, to close at 42,863.86.
The S&P 500 rose 34.98 points, or 0.6%, to finish at 5,815.03.
The Nasdaq Composite added 60.89 points, or 0.3%, to end at 18,342.94.
Shares of JPMorgan rallied 4.4% Friday, while Wells Fargo's stock surged 5.6%, according to FactSet data.
For the week, the Dow climbed 1.2%, while the S&P 500 and Nasdaq each gained 1.1%. All three U.S. stock indexes rose for a fifth straight week, marking the longest winning streak since May for the Dow and S&P 500.
It sounds like something out of a Netflix crime drama, but this one’s all...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
After months of tough negotiations and political tension, the United States and Ukraine have...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
The global oil market is facing one of its most complex periods in recent...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
So, you’ve just inherited mineral rights in Oklahoma and you’re thinking about selling. First...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two...
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