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...
The U.S. Environmental Protection Agency (EPA) announced a pivotal climate regulation on Saturday, mandating significant methane emission reductions from oil and gas...
Venezuelan President Nicolás Maduro has directed state-owned enterprises to begin immediate exploration and exploitation of oil, gas, and minerals in Guyana’s Essequibo...
Occidental Petroleum is in advanced talks to acquire CrownRock, a prominent private oil producer in the US shale sector, specifically in the...
Story By Jerry Bohnen |OK Energy Today| Last week, AAA raised the question…”Is it the end of the road for falling gas...
As Dubai’s glittering skyline plays host to global leaders at COP28, the United Nations’ pivotal climate summit, a heated debate unfolds, not...
Story By Shelly Hagan|Bloomberg via RigZone.com| A Texas oil heir’s quest to make Dallas a hub for biotech is showing signs of...
DUBAI, United Arab Emirates (AP) — Commercial ships came under attack Sunday by drones and missiles in the Red Sea and a...
U.S. stocks finished higher on Tuesday, with all three benchmark indexes booking all-time closing highs, after revised figures from the Bureau of Labor Statistics suggested the job market might be significantly weaker than previously reported.
The Dow Jones Industrial Average rose 196.39 points, or 0.4%, to end at 45,711.34, according to FactSet data.
The S&P 500 was up 17.46 points, or 0.3%, to finish at 6,512.61.
The Nasdaq Composite popped 80.79 points, or 0.4%, ending at 21,879.49.
Notably, it was also the first time since Dec. 4 that the three major indexes all booked record-high finishes on the same day, according to Dow Jones Market Data.
The U.S. economy probably added close to a million fewer jobs in 2024 and early 2025 than previously reported, the latest sign that the labor market, until recently a bright spot in the economy, may be weaker than it initially appeared.
The revised data was released by the Bureau of Labor Statistics as part of a longstanding annual process known as benchmarking. But the big downward adjustment comes at an awkward moment for the agency, just weeks after President Trump fired its top official following a separate set of negative revisions last month.
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for...
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
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