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...
Crude oil futures fell Sunday, after widely-anticipated Israeli airstrikes against Iran did not hit crucial oil facilities.
After initially dropping more than 5%, West Texas Intermediate crude CL00 -4.39% was down 4.2%, to $68.76 a barrel, as of 8:30 p.m. Eastern, while Brent crude BRN00 -4.22% the global benchmark, was down 4% to $72.62.
► Gold prices rallied, approaching $2,800. Global bonds continued to fall as investors speculated about how far and how quickly central banks will cut interest rates.
► Treasury yields rose above 4.2%, impacting the market's liquidity. Rising yields suggest caution among investors as the Federal Reserve hints at a more moderate pace, likely to include a 25-basis-point cut.
► Geopolitical tensions continue to create uncertainty. Macroeconomic indicators reveal a troubling landscape in the housing market, with existing home sales hitting a 14-year low, underscoring the challenges of elevated mortgage rates and persistently high home prices.
► Big Tech earnings are in full swing, and major developments unfolded in the sector, with Qualcomm facing disruption as Arm Holdings cancels a critical chip design license.
► Bitcoin continued its uptrend amid high market volatility as traders sought alternative investments. Meanwhile, Robinhood's acquisition of Bitstamp for $200 million underscores the growth trajectory and potential consolidation within the crypto industry.
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
Data centers across the United States are increasingly grappling with one of the most...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
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