Story by Andreas Exarheas| RigZone.com| Hedge funds and Commodity Trading Advisors (CTAs) reduced their longs across the four main Brent and WTI...
Chevron has achieved a significant milestone in oil production, announcing on Monday that it has successfully pumped oil from a field operating...
Rachel More and Anna Wlodarczak-Semczuk |REUTERS| BERLIN| Poland received a European arrest warrant from the Germans in Berlin, concerning the 2022 attack...
The Colorado Energy and Carbon Management Commission (ECMC), the state body overseeing oil and gas operations, has taken a significant step by...
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In the sweltering heat of July 2018, Dale Redman, an oilfield service executive with a flair for the extravagant, made a move...
Story By Tsvetana Paraskova|Oilprice.com| While U.S. crude oil production breaks record highs, the number of upstream and oilfield services jobs is flatlining...
Story By Alex Lawler, Dmitry Zhdannikov and Shariq Khan | REUTERS |Global oil demand growth needs to accelerate in the coming months, or the market...
Despite Europe’s ongoing efforts to curb energy purchases that fund Russia’s war in Ukraine, French imports of Russian liquefied natural gas (LNG)...
Stocks scored back-to-back gains on Tuesday as investors waited on an inflation update due Wednesday from the June consumer-price index. The Dow Jones Industrial Average posted a near 317-point gain, advancing 0.9%, to end near 34,260, according to preliminary FactSet data. That marks its biggest daily percentage gain since June 15, according to FactSet. The S&P 500 index closed up 0.7%, while the Nasdaq Composite Index gained 0.6%.
Stocks have been on the upswing ahead of a key inflation reading for June, with the consumer price index expected to show further progress in retreat from its peak above 9% last summer. The Federal Reserve has indicated it likely has a few more rate hikes on tap this year to help bring inflation down toward its 2% annual target. Investors also will be tuning into second-quarter earnings, which kick off in earnest later in the week with results from some of the nation’s biggest banks.
@exxonmobil signals profit drop, cites lower prices
Operating earnings dropped to about $7.8 billion, when surging oil and gas prices after Russia's invasion of Ukraine boosted global energy results to record levels.
Read more on https://t.co/F1Gjv1sWnn#OGNews #profit pic.twitter.com/FiznawwAi1
— OGN - Media for the Energy Future (@OGN_Online) July 11, 2023
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
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Data centers across the United States are increasingly grappling with one of the most...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
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