BP has officially abandoned its 2030 target to significantly cut oil and gas production, marking a notable shift under CEO Murray Auchincloss....
By Bloomberg| Anthony Di Paola & Sherry Su | Saudi Arabia raised its main oil prices for buyers in Asia amid heightened...
U.S. energy firms have reduced the number of oil and natural gas rigs for the third consecutive week, according to the latest...
Story By By David Wethe (Bloomberg) — Oilfield-service costs for US horizontal shale drilling are expected to rebound in 2025, clawing back some...
Brent crude prices have climbed 8.5% so far this week on concerns over conflicts in the Middle East Story By Myra P....
According to a press release on October 2nd, Texas Pacific Land Corporation (TPL) has made a strategic move by acquiring significant oil...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in the U.S. shale industry, recently voiced strong criticism...
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign pledge for sure, but one that has me...
The Energy Workforce & Technology Council (EWTC) has just released its 2024 Workforce Report, created in collaboration with Accenture. This report offers...
Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to stop producing electricity from burning coal, ending its...
Oil prices dropped over 4% on Tuesday, with Brent settling at $77.18 and WTI at $73.57 per barrel, primarily driven by news of a potential ceasefire between Hezbollah and Israel. The market remained volatile as conflicting reports emerged. While Hezbollah indicated openness to negotiations, tensions escalated with Israel making new incursions into southern Lebanon and warning residents away from specific buildings in Beirut's suburbs. Analysts noted the market's high sensitivity to headlines, with prices finding some support from concerns about possible attacks on Iranian oil infrastructure.
U.S. stocks finished higher on Tuesday, as technology shares powered a rebound in the broader market, propelling the Nasdaq Composite to its best day in nearly three weeks.
The Dow Jones rose 0.3% to end around 42,080 at 4 p.m. Eastern time, according to preliminary data from FactSet.
The S&P 500 popped nearly 1%, ending near 5,751.
The Nasdaq Composite surged 1.5% to finish around 18,182. The tech-heavy index scored its largest one-day point and percentage gain since Sept. 19.
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Data centers across the United States are increasingly grappling with one of the most...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
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