BP, the oil giant, has temporarily halted its tanker movements through the Red Sea due to increased attacks in the region, attributed...
Tokyo Gas Co., through its subsidiary Tokyo Gas America Ltd., is set to make a major move in the U.S. shale gas...
The United States has made a big splash in the oil world by setting a new annual record for oil production, and...
Shell PLC and Venezuela’s state oil company, PDVSA, are currently at a standstill over how much to charge for future shipments of...
On a decisive Wednesday at the Commissioners’ Conference, the Railroad Commission of Texas (RRC) executed its regulatory duties with vigor, issuing fines...
British oil company BP (BP.L) has significantly reduced former CEO Bernard Looney’s compensation by over $40 million. This decision came after BP...
The largest class of ESG (Environmental, Social, and Governance) funds, controlling about $5 trillion in assets, has increased its investment in the...
By Kate Abnett, Gloria Dickie and David Stanway | DUBAI, (Reuters) – A draft of a potential climate deal at the COP28 summit on Monday suggested...
Story by Patricia Laya & Nicolle Yapur|Bloomberg, via RigZone.com| Oil majors operating in Guyana’s waters, are “moving ahead aggressively” with production plans...
In Nevada, a federal judge has delivered a blow to three tribal nations opposing the construction of what could be the United...
Stocks ended higher on Monday after the Dow Jones Industrial Average reversed its earlier losses, as Deputy Treasury Secretary Michael Faulkender said that the Trump administration is "close to the finish line on a couple" of trade deals, though trade tensions between the U.S. and China flared.
"This morning’s news of trade deals being near the finish line is supporting a bullish reversal in equities after mounting U.S.-China tensions drove early volatility," José Torres, senior economist at Interactive Brokers, wrote in a Monday note.
"Maintaining an adversarial posture against Beijing is tolerable for markets and the economy as long as there are agreements with most other cross-border commerce partners," he added.
The Dow Jones Industrial Average gained 35.41 points, or 0.1%, to end at 42,305.48, for its third straight daily gain, according to Dow Jones Market Data.
The S&P 500 rose 24.25 points, or 0.4%, to close at 5,935.94.
The Nasdaq Composite increased 128.85 points, or 0.7%, to finish at 19,242.61.
JPMorgan Chase & Co.’s chief executive, Jamie Dimon, came out on Monday with another warning about the bond market that some observers said could prompt more investors to look around the world and at other asset classes for protection.
In an interview with the Fox Business Network’s “Mornings with Maria” show, Dimon said the worsening fiscal situation in the U.S. is a “big deal” and “a real problem,” and that “the bond markets are going to have a tough time” at some point, although he doesn’t know if it will be in “six months or six years.” He added that the U.S. needs to take steps aimed at growth and pro-business measures.
His comments came as U.S. government debt sold off in New York trading amid a continued focus on a growing federal deficit that could widen even further under the Trump administration’s tax-cut agenda.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
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