(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels of...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans to increase the use of a technique that...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly implemented a series of aggressive tariff measures aimed...
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy team late Monday, Rystad warned that, in the...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in a Stratas report sent to Rigzone by the...
As oil prices sink to their lowest levels in four years and the risk of a global recession grows, Canadian oil and...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former headquarters in San Ramon, California, as part of...
Story by Darrell Proctor | PowerMag.com | Officials in Pennsylvania have announced the redevelopment of a former coal-fired power plant site into...
The Permian Basin, long celebrated as the crown jewel of America’s shale revolution, is confronting a pivotal moment. As this prolific oilfield...
Story By Andreas Exarheas |RigZone.com| U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 6.2 million...
U.S. stocks closed lower Thursday after a turbulent day of trading. The S&P 500 index briefly came within a whisker of reclaiming the 6,000 mark, only to retreat.
Tesla Inc. shares were in focus as the feud between Chief Executive Elon Musk and President Donald Trump spilled out into the open.
The S&P 500 fell 31.51 points, or 0.5%, ending at 5,939.30.
The Dow Jones Industrial Average shed 108 points, or 0.3%, closing at 42,319.74.
The Nasdaq Composite finished 162.04 points lower, or 0.8%, at 19,298.45.
The S&P 500 and Nasdaq each snapped a three-session winning streak.
Thursday afternoon, Trump hinted on social media that he might turn the Department of Government Efficiency against Musk's companies, less than a week after Musk's controversial stint at the helm of the entity ended. According to Dow Jones Market Data, Tesla shares shed 14.3%, the biggest daily drop since March 10.
The big item on deck is Friday's jobs report for May, with investors looking for any further signs of weakening in the U.S. economy as a result of tariff uncertainty.
The Oklahoma City Thunder will host the Indiana Pacers in Game 1 of the NBA Finals tonight (8:30 pm ET, ABC).
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
Have your oil & gas questions answered by industry experts.