Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex over a debt that now exceeds 300 million...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage in a protracted oil price war with its...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus Shale is being turned into power for artificial...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it will acquire Sitio Royalties (NYSE: STR) in an...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand is expected to grow, the long-term outlook for...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a groundbreaking lawsuit that challenged the state’s enforcement of...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet members north this week to support long-stalled oil...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman...
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal gray area in the oil and gas sector:...
U.S. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump since November ahead of the Federal Reserve’s policy meeting.
The Dow Jones Industrial Average rose 297.01 points Friday, or 0.7%, to close at 41,393.78.
The S&P 500 climbed 30.26 points, or 0.5%, to finish at 5,626.02.
The Nasdaq advanced 114.30, or 0.7%, to end at 17,683.98.
For the week, the Dow gained 2.6%, the S&P 500 rallied 4%, and the Nasdaq jumped 6%. According to Dow Jones Market Data, the S&P 500 and Nasdaq each saw their largest weekly percentage gain since the stretch ending Nov. 3.
Investors are looking ahead to the Fed’s two-day policy meeting next week, which will conclude Wednesday with its highly anticipated decision on where to set interest rates. At last check, according to the CME FedWatch Tool, after the closing bell on Friday, traders were pricing in a 55% chance the Fed will lower its policy rate by a quarter percentage point and a 45% probability of a larger, half-point rate cut.
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...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
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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