STORY BY Mella McEwen, Oil Editor |Midland Reporter| Two major deals put Permian Resources on the radar of energy watchers. First was...
Story by Andreas Exarheas | RigZone.com |In an oil and gas report sent to Rigzone late November 22, Macquarie strategists said they...
By: Reuters – Venezuela is currently producing some 850,000 barrels per day (bpd) of oil and hopes to soon reach 1 million...
The U.S. stock market is expected to end November on a high note, with predictions of sustained momentum through the end of...
By: News 9 – A Connecticut energy startup company plans to build a lithium refinery just outside Tulsa, on an unspecified 66-acre...
LONDON, (Reuters) – Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers...
By: Carol A. Clark – Los Alamos Daily Post – The nationally leading oil and gas regulations of the Lujan Grisham administration...
Story By Stephen Cunningham |Argus Media| Future merger and acquisition activity may not be able to match the size of the deals...
Story by Andreas Exarheas|Rigzone Staff| World oil demand continues to exceed expectations, the International Energy Agency (IEA) stated in its latest oil...
The European Union’s recent agreement to significantly curb methane emissions in the energy sector marks a pivotal step in its ongoing battle...
(Wednesday market close) Major U.S. equity benchmarks ended lower late Wednesday, retreating sharply to erase initial gains as investors appeared keen to lock in some profits from the market's recent rally ahead of the three-day holiday weekend. The Dow Jones Industrial Average® (DJI) touched another record high early in the session but ended with its first loss in 10 days.
The late sell-off didn't appear to be triggered by any piece of news, though disappointing quarterly results from FedEx (FDX) late Tuesday sent the shipping giant's shares tumbling 12%, weighing on the transportation industry and raising some potential red flags over the economy.
The energy sector is starting higher, supported by strength in the underlying commodities. Meanwhile, the major market futures are lower as the year-end rally takes a breather.
WTI and Brent crude oil futures are higher in early trading, on pace for their third-straight session of gains as the focus shifts back to supply woes amid ongoing tensions in the Red Sea and the Middle East. Earlier today, Greece advised commercial ships sailing the Red Sea and the Gulf of Aden to avoid Yemeni waters. Greek ship owners control approximately 20% of the world’s commercial vessels in carrying capacity. Investors will also look to the EIA data later today after last night’s API report showed a surprise build of 939K barrels last week. Analysts are expecting the government data to show a 2.2mm barrel draw.
Natural gas futures are higher, tracking gains in the crude complex but gains are capped ahead of the EIA weekly storage report.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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