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...
Story By Mitchell Ferman | Midland Reporter-Telegram | Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP in a cash-and-stock...
Endeavor Energy Partners, the largest private oil and gas producer in the Permian Basin, is reportedly considering a sale. Sources suggest the...
By: Adrian Hedden – Carlsbad Current Argus – About half a billion dollars could fund a reserve of treated oilfield wastewater if...
At COP28 in Dubai, a heated debate emerged over a proposal to phase out fossil fuels, potentially marking a historic shift in...
Oklahoma’s state revenues have been notably impacted by a decline in Gross Production Taxes, which are levied on oil and gas production....
Bloomberg News, via RigZone.com | China will see oil demand growth slowing next year, casting a pall over an already disappointing global...
Exxon Mobil (XOM.N) has outlined a steady investment strategy, aiming for an annual project expenditure of $22 billion to $27 billion through...
U.S. stocks saw a mixed finish Friday, with the S&P 500 posting a small weekly decline, as investors tracked developments around the Iran-Israel conflict and the potential for direct U.S. involvement.
The Dow Jones Industrial Average finished with a gain of around 35 points, or 0.1%, near 42,207, according to preliminary data, leaving the blue-chip index marginally positive on the week.
The S&P 500 shed around 13 points, or 0.2%, to end near 5,968, for a weekly fall of 0.2%.
The Nasdaq Composite lost around 99 points, or 0.5%, to finish near 19,447, up 0.2% on the week.
U.S. markets were closed Thursday for the Juneteenth holiday, while so-called triple-witching — the simultaneous expiration of individual stock options, index-futures options and futures contracts — failed to produce a volatility spike in Friday's session.
The White House on Thursday said President Donald Trump would decide in two weeks whether to directly strike Iran. Oil futures pulled back, helping to calm fears around a potential energy price shock. However, strategists noted that investors are unlikely to shake those concerns as long as the Israel-Iran conflict continues.
Chevron Corp. has entered the U.S. lithium extraction sector by acquiring about 125,000 net acres in the Smackover Formation in two deals, the energy company said June 17.
One leasehold position was acquired from TerraVolta Resources, while the other was acquired from East Texas Natural Resources. Financial details of the transactions were not discussed. The acreage spans Northeast Texas and Southwest Arkansas, which has become a hotbed of activity for companies extracting lithium from brine.
Chevron joins peers Exxon Mobil Corp., Occidental Petroleum, and Equinor in the Smackover region. Here, oil and gas companies have been using their subsurface expertise to boost the domestic supply of the critical mineral used for electric vehicle batteries and energy storage systems, among other uses.
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 newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
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...
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