By: Ines Ferre’ – Yahoo Finance – ExxonMobil (XOM)’s near-$60 billion acquisition of Pioneer Natural Resources (PXD) highlights Big Oil’s continued appetite for shale...
Argentina is home to the world’s second-biggest trove of shale gas in Patagonia’s Vaca Muerta, or Dead Cow, formation A Story about...
The EIA government agency is out with a prediction that Americans will pay less on heating this winter compared to last winter....
By: Perry Smith – The Signal – A group of residents upset over energy-storage system plans for Acton are raising money to...
By: Wayne Parry – AP – Opponents of a natural gas-fired power plant planned for an already polluted low-income area in New...
Story By Matthew Monks|Bloomberg| The biggest energy deal of the year has thrown up a much-needed win for the US’s major investment...
Story By Chris Mathews |Hart Energy| With its roughly $60 billion blockbuster deal to acquire Pioneer Natural Resources, Exxon Mobil aims to...
By: KEYT – Governor Newsom signed Assembly Bill 1167, the Orphaned Well Prevention Act, into law on Saturday expanding the financial responsibilities...
By: Reuters – There’s little doubt that direct air capture (DAC) is divisive: on the one hand, it is a relatively simple...
Story By Jeremiah Budin | TCD |The air pollution generated by gas-powered lawn maintenance equipment is truly astonishing. According to the Environmental Protection...
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year.
In a split vote, the central bank voted to reduce its benchmark interest rate by 25 basis points to a new range of 4.25%-4.5%, initiating its third consecutive rate cut of 2024 despite signs that inflation isn’t entirely going away.
The recent dip in oil prices, attributed to demand concerns arising from economic updates from Germany and China, highlights the ever-changing dynamics in the global energy market. With Brent and WTI crude prices falling to their lowest in a week, this movement underscores the sensitivity of oil markets to geopolitical and economic signals.
Brent Crude February futures fell 1% to $73.19 a barrel, the lowest since December 10. US crude futures due in January fell 0.9%, or 63 cents to $70.08 a barrel.
That puts both crude benchmarks on track for their lowest closes since Dec. 10 and cut the premium of Brent over WTI to a 12-week low of $3.56 a barrel, based on the February contracts.
U.S. stocks finished lower on Tuesday, with the Dow Jones Industrial Average posting its longest losing streak since February 1978, as investors digested the strong retail-sales data and awaited the Federal Reserve's policy decision, due out on Wednesday afternoon.
The Dow fell 0.6% to end near 43,450, according to preliminary data from FactSet.
The S&P 500 was off 0.4% to finish around 6,050.
The Nasdaq Composite dropped 0.3%, ending around 20,109.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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,...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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