(Reuters) – Two U.S. energy companies, Bridgeland and Zargon, said in a new lawsuit that their former law firm Winston & Strawn...
On Monday, the Energy Information Administration (EIA) reported on how the growth in oil production had raised natural gas production volumes across...
Story By David Wethe |Bloomberg, via Rigzone.com| Wages for US oil workers climbed for a third straight month, setting a fresh record...
By: The Guardian – Rishi Sunak will this week announce legislation for a new annual system for awarding oil and gas licences...
By: Reuters – Top oil exporters Saudi Arabia and Russia confirmed on Sunday they would continue with their additional voluntary oil output...
(Reuters) – U.S. energy company Tellurian Inc. said on Thursday it remains on target to produce the first liquefied natural gas (LNG)...
Story By Andreas Exarheas |RigZone.com| In a new report sent to Rigzone this week, analysts at Standard Chartered said they think their...
In the bustling world of the energy sector, companies often find themselves in a dance of acquisitions, looking for the right partners...
NEW YORK (Reuters) – U.S. field production of crude oil rose to a new monthly record in August at 13.05 million barrels...
As the sparks of conflict continue to fly between Israel and Gaza, the repercussions are not confined to the region but have...
U.S. stocks finished higher on Tuesday, with the S&P 500 and the Dow Jones Industrial Average extending their winning streaks to six sessions, after Commerce Secretary Howard Lutnick said the Trump administration has negotiated its first trade deal with an unnamed country.
The Dow Jones Industrial Average rose 300.03 points, or nearly 0.8%, to finish at 40,527.62. The blue-chip index scored its longest winning streak since July 17, 2024, according to Dow Jones Market Data.
The S&P 500 was up 32.09 points, or 0.6%, to end at 5,560.83. The large-cap index has finished higher for six consecutive trading sessions, logging its largest six-day percentage gain since March 2022.
The Nasdaq Composite gained 95.18 points, or nearly 0.6%, ending at 17,461.32.
Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump's on-again off-again trade tariffs could reduce global economic growth and demand for the fuel.
Brent crude futures fell by $1.61 to $64.25 per barrel, while U.S. West Texas Intermediate crude dropped by $1.63 to $60.42.
Trump's push to reshape world trade by imposing tariffs on imports into the U.S. has made it probable that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
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