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...
In an eye opening move for the energy sector, Houston-based Crescent Energy Co. has announced a merger with its local rival, SilverBow...
WTI crude oil July futures climbed 3 cents to $74.87 per barrel on Wednesday after rising to as high as $76 earlier in the session, while Brent Crude for August delivery closed down 24 cents, at $76.21 per barrel, trading as high as $77.43 during the session.
The Dow Jones Industrial Average gave up an almost 300-point gain to end lower, while the S&P 500 closed flat, on Wednesday after the Federal Reserve left interest rates unchanged and raised its inflation outlook for the year.
The Dow fell 44.14 points, or 0.1%, to close at 42,171.66, after losing a 294.27-point gain that sent it to a session high of 42,510.07 earlier in the day, based on preliminary data. Wednesday's closing level is the lowest since May 28.
The S&P 500 fell less than 2 points to finish flat at 5,980.87.
The Nasdaq Composite advanced 25.18 points, or 0.1%, to end at 19,546.27.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels in the week ending June 13 after analysts had estimated a 600,000-barrel draw. The API reported a 337,000 barrel inventory decrease in the prior week.
In a post on Truth Social, Trump wrote that the US knows where Iranian leader Ayatollah Ali Khamenei is “hiding,” calling him an “easy target” but saying he will not be killed, “at least not for now.” He also demanded Iran’s “unconditional surrender” as it traded airstrikes with Israel for the fifth day. Trump’s escalating rhetoric came as the US moved more warships into the Middle East in what officials said was a defensive position. The president also posted, “We now have complete and total control of the skies over Iran,” but it was unclear if that meant the US was directly involved in the conflict. Trump is reportedly weighing using US military assets to strike Iran.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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