Denver’s energy powerhouse, Civitas Resources Inc., is expanding its upstream footprint in the Permian Basin. The company has inked a $2.1 billion...
By: CNBC – It’s been a war of words and numbers between two major players in the energy industry – the International...
By: Anastasia Hufham – The Salt Lake Tribune – Utah made $1.4 billion in royalty revenue from gas and oil production on public...
By: Reuters – Oil prices tumbled by more than 4% on Wednesday following reports that Russia may lift its diesel ban in...
The Economist, via Yahoo News: In the first half of the year, Saudi Arabia and its allies in the Organisation of the...
By Alexander Tanas – CHISINAU (Reuters) – Moldova has not used Russian gas since late last year, but it is keeping open...
By: Mark Olalde – ProPublica – The California Legislature recently passed a bill that would provide the state’s taxpayers some of the...
By: CNBC – Chief executives of some of the world’s largest energy companies on Monday sought to defend themselves from criticism, saying...
Story by Andreas Exarheas|RigZone.com| In the latest Dallas Fed Energy Survey, which was released last week, executives from 138 oil and gas firms...
The head of the Organization of the Petroleum Exporting Countries — a group of the world’s major oil producers — told CNN...
U.S. stocks finished lower on Tuesday, with the tech-heavy Nasdaq Composite leading declines. Semiconductor shares tumbled on concerns of continued pressures in the broader chip market.
The Nasdaq Composite slumped 187.10 points, or over 1%, ending at 18,315.59, according to FactSet data. It was the largest one-day point and percentage decline since Oct. 7, according to Dow Jones Market Data.
The S&P 500 lost 44.59 points, or 0.8%, to finish at 5,815.26. The large-cap benchmark index also snapped a two-day winning streak.
The Dow Jones Industrial Average was off 324.80 points, or nearly 0.8%, ending at 42,740.42.
U.S. semiconductor stocks fell on Tuesday after the Dutch microchip-equipment maker ASML Holding N.V. said it expects a “more gradual” recovery in the chip sector than previously anticipated. Shares of Nvidia Corp. and Advanced Micro Devices Inc. were down 4.7% and 5.2%, respectively.
The Dow, on the other hand, was dragged down by a 8.1% slump in shares of UnitedHealth Group Inc. The healthcare giant beat third-quarter profit and revenue expectations but missed on the medical-care profitability and lowered its full-year outlook.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
(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...
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