The US oil and natural gas industry experienced a historic surge in mergers and acquisitions (M&A) activity in 2023, with a record-setting...
In a recent declaration that has resonated across the oil and gas sector, Halliburton, one of the industry’s leading oilfield service providers,...
Story By Andreas Exarheas | RigZone | In a release sent to Rigzone late Tuesday, Xeneta said its latest data forecasts ocean...
In a pivotal move that reshapes the landscape of the midstream oil and gas sector, Sunoco LP has announced its agreement to...
STORY BY: Andreas Exarheas |RigZone| The militaries of the U.S. and UK – at the direction of their respective governments, with support...
In a move that could redefine corporate climate accountability, Exxon Mobil Corp has taken unprecedented legal action. The oil giant has filed...
Story By Stephen Rassenfoss | Journal of Petroleum Technology | Oil production in the Bakken did something surprising last year—it grew. Forecasters...
In a significant development impacting the oil and gas industry, Hilcorp San Juan L.P., with operations spanning Aztec, New Mexico, and Houston,...
Story By Andreas Exarheas| RigZone.com | Oil prices have failed to achieve any significant momentum in 2024 yet, either upwards or downwards,...
Shell, a leading player in the global energy sector, has recently initiated a series of layoffs as part of its strategy to...
The American Petroleum Institute reported late Tuesday that crude inventories rose by 1.6 million barrels last week. Gasoline stocks dropped 2 million barrels, and distillates, which include heating oil and diesel fuel, declined 1.5 million barrels.
Analysts surveyed by S&P Global Commodity Insights, on average, expect the EIA to report crude stocks falling by 800,000 barrels in the week ended Oct. 18, with gasoline inventories down 2.1 million barrels and distillates down 2.4 million barrels.
U.S. stocks finished mixed on Tuesday with the S&P 500 posting its first back-to-back loss since early September as investors weighed rising Treasury yields amid concerns about an increase in deficit after the upcoming presidential election.
The Dow Jones Industrial Average finished nearly flat, at around 42,924 as of 4 p.m. Eastern time, according to FactSet data.
The S&P 500 lost less than 0.1%, to end near 5,851.
The Nasdaq Composite rose 0.2%, to finish around 18,573.
The yield on the 10-year Treasury advanced 2.5 basis points to 4.204%, while the 30-year rate rose less than 1 basis point to 4.493%. Both 10- and 30-year yields finished Tuesday’s session at their highest levels since July 25, according to Dow Jones Market Data.
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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