Story by Andreas Exarheas| RigZone.com|In a research note sent to Rigzone late Friday, analysts at J.P. Morgan said their high-frequency demand indicators estimate...
Republican presidential candidate Donald Trump raised tens of millions of dollars during a fundraising swing through Texas this week. Trump promised his...
Memorial Weekend, a time-honored tradition in the United States, holds a profound significance as we pause to remember and honor the men...
In Ohio and Pennsylvania, the interaction between landowners and oil and gas companies has been complex and contentious. Both states have seen...
Kinder Morgan has acquired nearly 12,000 acres in Texas for oil and gas operations, driven by the U.S. Inflation Reduction Act’s carbon...
Story by Jov Onsat|Rigzone Staff| APA Corp. has signed two agreements divesting non-core producing oil and gas properties in the Eagle Ford...
Phillips 66 has entered into an agreement to acquire Pinnacle Midland Parent LLC from Energy Spectrum Capital for $550 million in cash,...
Story by Andreas Exarheas|RigZone.com|The Iranian President’s death is unlikely to affect relations with Israel since hardliners are almost certain to remain in...
In Oklahoma, summary administration offers an expedited process for settling estates, which is particularly valuable when dealing with oil and gas mineral...
Forced pooling, also known as compulsory pooling or statutory pooling, is a legal mechanism that allows oil and gas companies to force...
U.S. stocks closed higher Friday after remarks from Federal Reserve Chair Jerome Powell appeared to calm the nerves of investors worried about the economic impact of new White House policies such as tariffs.
The Dow Jones Industrial Average rose 222.64 points Friday, or 0.5%, to finish at 42,801.72.
The S&P 500 gained 31.68 points, or 0.6%, to end at 5,770.20.
The Nasdaq Composite advanced 126.97 points, or 0.7%, to close at 18,196.22.
Stocks reversed losses seen earlier Friday as investors assessed signs of a cooling labor market in the latest jobs data released ahead of the opening bell. Stocks rebounded after Fed Chair Powell said Friday at an event hosted by the University of Chicago Booth School of Business that the “U.S. economy continues to be in a good place” and the central bank’s monetary policy was “well positioned to wait for greater clarity.”
Still, all three major U.S. equities benchmarks had weekly losses, with the S&P 500 seeing its worst week since early September.
For the week, the Dow fell 2.4%, the S&P 500 dropped 3.1% and the technology-heavy Nasdaq slid 3.5%, according to Dow Jones Market Data. The S&P 500 and Nasdaq each booked a third straight weekly loss.
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By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
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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...
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