According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of rival BP, a merger that could reshape both...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two oil refineries in India is being held back...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth of fuel it delivered to the electric carmaker’s...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have surged by over 20% from the same period...
After months of tough negotiations and political tension, the United States and Ukraine have reached a new economic agreement designed to secure...
It sounds like something out of a Netflix crime drama, but this one’s all too real. A well-off Utah family is facing...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs have contributed to lower interest expenses for some...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has quietly exited a massive deepwater oil project off...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US oil companies during a visit to Oklahoma, saying...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional energy flows and geopolitical alignments. The agreement includes...
Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran, looked set to keep sanctions on both OPEC+ members, Russia and Iran, in place for longer.
Brent crude futures rose $1, or 1.5%, to settle at $65.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 89 cents, or 1.4%, to close at $63.41.
"Risk premium has ramped up this week as the prospect of a Russia/Ukraine ceasefire as well as an Iranian nuclear deal now appear to have been pushed back for weeks if not months," analysts at energy advisory firm Ritterbusch and Associates said in a note.
The stock market closed higher Tuesday, with the technology-heavy Nasdaq Composite erasing its 2025 losses to join the S&P 500 in positive territory for the year.
The Dow Jones Industrial Average ended 0.5% higher [+214.16] on Tuesday, while the S&P 500 rose 0.6% [+34.43] and the Nasdaq Composite gained 0.8%, [+156.34] according to preliminary FactSet data. The Nasdaq is now up 0.5% so far in 2025.
The U.S. stock market climbed Tuesday as investors assessed fresh data showing job openings rose more than expected in April. The number of job openings in the U.S. increased to 7.4 million in April, exceeding the 7.1 million forecast by economists polled by the Wall Street Journal.
The Dow advanced for a fourth straight day but came up just shy of totally wiping out its 2025 losses, finishing Tuesday down 0.1% year to date, the preliminary FactSet data show. The S&P 500 booked back-to-back gains on Tuesday, increasing its climb so far in 2025 to 1.5%.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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