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...
The oil and gas sector is undergoing a major digital overhaul, and data is at the center of it. In 2023, the...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced that it has released its annual list of...
A-list actors are turning their attention to Wall Street, and this time, the plot centers around the climate crisis. In a bold...
U.S. stocks closed mostly higher in choppy trading on Wednesday, despite a continued climb in long-dated Treasury yields amid ongoing anxiety over inflation.
Minutes of the Federal Reserve's December meeting, released on Wednesday, showed that almost all officials saw increased upside risks to the inflation outlook as of last month, and were considering the likely impacts of potential changes in trade and immigration policy under a second Trump administration.
The Dow Jones finished up by 106.84 points, or 0.3%, at 42,635.20, based on preliminary data. It was the Dow's first gain in the past three sessions.
The S&P 500 closed up by 9.2 points, or almost 0.2%, at 5,918.25. It finished higher for the third time in the past four sessions.
The Nasdaq Composite booked a back-to-back loss and fell 10.8 points, or less than 0.1%, to 19,478.88. It closed lower for the seventh time in the past nine sessions.
Investors continued to sell off the 30-year Treasury bond for a sixth straight day, pushing its yield up to 4.931%, its highest closing level since Nov. 1. The 20-year yield briefly broke above 5% on Wednesday, and the 10-year rate rose for a fourth straight day to 4.691%, its highest closing level since April 25 of last year.
The number of people who applied for unemployment benefits in the first week of the new year fell to an 11-month low, the latest sign layoffs remain extremely low even as businesses cut back on hiring.
New jobless claims, a proxy for layoffs, fell by 10,000 to 201,000 in seven days ended Jan. 4, the government said. The report was moved up a day because of former President Jimmy Carter’s funeral on Thursday.
The labor market is in an odd state — most companies are hesitant to hire but very few are laying off workers. It’s what one economist calls the “no hire/no fire” economy.
Right now businesses are waiting to see how President-Elect Donald Trump’s economic policies pan out before they decide their next step.
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 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...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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