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...
Stocks scored back-to-back gains on Tuesday as investors waited on an inflation update due Wednesday from the June consumer-price index. The Dow Jones Industrial Average posted a near 317-point gain, advancing 0.9%, to end near 34,260, according to preliminary FactSet data. That marks its biggest daily percentage gain since June 15, according to FactSet. The S&P 500 index closed up 0.7%, while the Nasdaq Composite Index gained 0.6%.
Stocks have been on the upswing ahead of a key inflation reading for June, with the consumer price index expected to show further progress in retreat from its peak above 9% last summer. The Federal Reserve has indicated it likely has a few more rate hikes on tap this year to help bring inflation down toward its 2% annual target. Investors also will be tuning into second-quarter earnings, which kick off in earnest later in the week with results from some of the nation’s biggest banks.
@exxonmobil signals profit drop, cites lower prices
Operating earnings dropped to about $7.8 billion, when surging oil and gas prices after Russia's invasion of Ukraine boosted global energy results to record levels.
Read more on https://t.co/F1Gjv1sWnn#OGNews #profit pic.twitter.com/FiznawwAi1
— OGN - Media for the Energy Future (@OGN_Online) July 11, 2023
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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