In 2023, Russian energy giant Gazprom announced a significant increase in its natural gas supplies to China via the Power of Siberia...
Chevron Corporation (CVX.N), a major U.S. oil company, announced on Tuesday that it is facing significant non-cash writedowns, primarily impacting its oil...
Mach Natural Resources LP, a prominent player in the oil and gas industry, recently finalized the acquisition of various oil and gas...
New Mexico’s Environment Department has taken a significant step towards sustainable water management by proposing a new set of regulations focusing on...
By: S&P Global – The gas and LNG sectors are calmer after an annus horribilis that threatened to derail the very functioning...
Jon Clark, a former economist to the Legislature and current state cabinet secretary, was appointed on Wednesday to manage New Mexico’s substantial...
In a notable move, Houston-based Battalion Oil announced on December 15 its plan to merge with Fury Resources in a $450 million...
Tulsa-based Vital Energy Inc. is significantly expanding its presence in the Permian Basin, a key oil-rich region in West Texas, through a...
China’s stance on its involvement in Russia’s Arctic LNG-2 liquefied natural gas project is remaining firm: it should not be influenced or...
Story By Jov Onsat|RigZone.com| The European Commission and the three remaining European Union Baltic countries connected to the Russian power grid have...
Energy services firm Baker Hughes said in its closely followed report on May 16 that U.S. energy producers this week cut the number of oil and natural gas rigs operating for the third week in a row for the first time since mid-April.
The U.S. stock market closed higher Friday, with all three major benchmarks posting big weekly gains as investors cheered a breakthrough in U.S.-China trade talks that led to lower tariffs.
The Dow Jones Industrial Average ended Friday up 0.8%, while the S&P 500 gained 0.7% and the technology-heavy Nasdaq Composite rose 0.5%, according to preliminary FactSet data. The Dow has now erased its 2025 losses, joining the S&P 500 in positive territory year to date.
Investors shook off Friday’s disappointing consumer sentiment reading from the University of Michigan’s survey, with the S&P 500 logging a fifth straight day of gains. U.S. equities have rallied since the White House last weekend significantly rolled back tariffs imposed on imported Chinese goods, while China also lowered levies on the U.S. in a de-escalation in trade tensions.
The preliminary data show that for the week, the S&P 500 rallied 5.3%, the Dow climbed 3.4%,and the Nasdaq jumped around 7.2%. So far this year, the Dow is up 0.3% in 2025, while the S&P 500 has risen slightly more than 1%.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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 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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