Devon Energy (DVN.N) announced on Monday its strategic move to acquire Grayson Mill Energy, a major Bakken-focused energy producer owned by private...
[From Geo.TV] According to state-run APP, a group of local and international oil and gas exploration and production (E&P) companies is ready...
Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, is to temporarily pause on-site construction work at its 820,000 tonnes a year...
Bolivian state energy firm YPFB is actively seeking to revitalize the country’s struggling oil and gas sector by attracting new investments and...
Story Credit: MarketWatch.com | Happy birthday, America! Thursday marks the 248th anniversary of ratifying the Declaration of Independence — and the Fourth...
This week marks a significant technological milestone at the Railroad Commission of Texas with the launch of State Tracking and Reporting (LoneSTAR)....
Story By Ed Pearcey |Global Data|via Yahoo News| The budget committee of the US Senate has started an investigation into suspicions of...
Over the past few years private equity funds have been finding it difficult to attract investors to the oil and gas sector....
Story By Breck Dumas |Fox News, via Yahoo News| A significant share of Americans who own an EV electric vehicle have buyer’s remorse,...
Story By Tsvetana Paraskova |OilPrice.com| Proponents of critical minerals as the way to have a world running solely on renewables and electric...
Crude oil futures fell Sunday, after widely-anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
After initially dropping more than 5%, West Texas Intermediate crude CL00 -4.39% was down 4.2%, to $68.76 a barrel, as of 8:30 p.m. Eastern, while Brent crude BRN00 -4.22% the global benchmark, was down 4% to $72.62.
► Gold prices rallied, approaching $2,800. Global bonds continued to fall as investors speculated about how far and how quickly central banks will cut interest rates.
► Treasury yields rose above 4.2%, impacting the market's liquidity. Rising yields suggest caution among investors as the Federal Reserve hints at a more moderate pace, likely to include a 25-basis-point cut.
► Geopolitical tensions continue to create uncertainty. Macroeconomic indicators reveal a troubling landscape in the housing market, with existing home sales hitting a 14-year low, underscoring the challenges of elevated mortgage rates and persistently high home prices.
► Big Tech earnings are in full swing, and major developments unfolded in the sector, with Qualcomm facing disruption as Arm Holdings cancels a critical chip design license.
► Bitcoin continued its uptrend amid high market volatility as traders sought alternative investments. Meanwhile, Robinhood's acquisition of Bitstamp for $200 million underscores the growth trajectory and potential consolidation within the crypto industry.
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...
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...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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