By Alex Kimani for Oilprice.com |A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in...
An Oklahoma court has issued a temporary injunction on a state law designed to prevent investments in companies that do not align...
During the Republican National Convention in Milwaukee, Donald Trump accepted the presidential nomination with fervent chants of “drill, baby, drill,” emphasizing his...
Story Credit: By Eurasianet | An ongoing joint military exercise involving a comparatively small number of American and Armenian troops at a base in...
Presidential elections in the United States have historically had significant impacts on the oil and gas industry, influencing everything from regulatory frameworks...
by Jov Onsat | RigZone.com | Forty-four European countries, including the United Kingdom plus the European Union, have agreed to work together to...
As the nation approaches the November 5 presidential election, the energy sector’s future hangs in the balance. The next occupant of the...
Exxon Mobil Corp. has reached an agreement to sell its Malaysian oil and gas assets to the state energy firm Petronas, marking...
By Bloomberg, via RigZone.com |Julia Fanzeres and Alex Longley| Oil held steady after the biggest daily gain in a month as US...
In an unexpected setback for Cyprus’ energy ambitions, a Chinese-led consortium has terminated its contract to construct the island nation’s inaugural natural...
Oil prices fell 2% on Monday as OPEC lowered its 2024 and 2025 global oil demand growth view again while China's oil imports fell for a fifth month in a row.
China's stimulus plans also failed to inspire investor confidence while markets continued to watch for potential Israeli attacks on Iranian oil infrastructure.
Brent crude futures settled $1.58, or 2%, lower at $77.46 per barrel, while U.S. West Texas Intermediate crude futures fell $1.73, or 2.29%, to $73.83 per barrel. Brent had gained 99 cents last week, while WTI climbed $1.18.
U.S. stocks ended higher on Monday, with the Dow Jones Industrial Average and the S&P 500 logging record closing highs as third-quarter earnings season moved into full swing.
The Dow Jones Industrial Average went up 201.36 points or 0.47% to end at 43,065.22, a record close. It’s the index’s 37th record close of the year.
The S&P 500 rose 44.82 points or 0.77% to finish at 5,859.85. It is the index’s 46th record close this year.
The Nasdaq Composite gained 159.75 points or 0.87% to close at 18,502.69.
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...
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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....
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