The U.S. is currently experiencing one of its biggest economic shocks, largely due to high oil prices and the associated costs of...
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...
Meanwhile, the emergence of Chinese startup DeepSeek, which has cheaply trained high-performing artificial-intelligence models, raised concerns about the outlook for AI-related spending and power needs.
U.S. stocks ended mostly lower on Monday, as attention on Chinese startup DeepSeek raised the prospect of cheaper AI development, sparking a tech selloff.
The Dow Jones Industrial Average rose 289.33 points, or 0.7%, to end at 44,713.58, according to Dow Jones Market Data.
The S&P 500 declined 88.96 points, or 1.5%, to finish at 6,012.28, for a back-to-back loss. The index saw its largest one-day point and percentage decline since Jan. 10.
The Nasdaq Composite fell 612.47 points, or 3.1%, to close at 19,341.83, for a back-to-back loss. The index recorded its largest one-day point and percentage decline since Dec. 18, 2024.
The Dow outperformed the Nasdaq Composite by 3.7%, the largest outperformance since Nov. 9, 2020, when the margin was 4.5%.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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 Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
⛔️ Financing from the six largest Wall Street banks for oil, gas, and coal...
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