Story By Emily Foxhall | After months of unrelenting heat during a particularly sweltering summer, the Texas power grid’s ability to meet...
By Felicity Bradstock for Oilprice.com|Despite big promises, recent reports suggest that international oil majors are doing little to contribute to the green...
By: Reuters – European Union countries have increased their imports of liquefied natural gas (LNG) from Russia compared with before the Ukraine...
By Matthew Smith for Oilprice.com|via Yahoo.com| Surging petroleum theft is weighing on Colombia’s beaten-down oil industry, which is beset by geopolitical headwinds on...
By: The Canadian Press News – Crescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a...
Lauren Boyd, head of the Energy Department’s Geothermal Technologies Office, estimates that geothermal could supply 12% of America’s electricity by 2050 if...
Reporting from AMIR VAHDAT and JON GAMBRELL. TEHRAN, Iran (AP) — Iran has summoned a Swiss diplomat over the apparent U.S. seizure...
By: Reuters – U.S. oil producer Chevron on Tuesday said it evacuated staff from three U.S. Gulf of Mexico oil production platforms while...
Story By Filip De Mott |Business Insider|The dollar’s dominance is under no real threat from emerging market currencies, India’s oil and gas...
By: Reuters – Chevron’s (CVX.N) two major liquefied natural gas (LNG) production facilities in Australia could face disruptions from next week after unions on...
Stocks ended higher on Monday after the Dow Jones Industrial Average reversed its earlier losses, as Deputy Treasury Secretary Michael Faulkender said that the Trump administration is "close to the finish line on a couple" of trade deals, though trade tensions between the U.S. and China flared.
"This morning’s news of trade deals being near the finish line is supporting a bullish reversal in equities after mounting U.S.-China tensions drove early volatility," José Torres, senior economist at Interactive Brokers, wrote in a Monday note.
"Maintaining an adversarial posture against Beijing is tolerable for markets and the economy as long as there are agreements with most other cross-border commerce partners," he added.
The Dow Jones Industrial Average gained 35.41 points, or 0.1%, to end at 42,305.48, for its third straight daily gain, according to Dow Jones Market Data.
The S&P 500 rose 24.25 points, or 0.4%, to close at 5,935.94.
The Nasdaq Composite increased 128.85 points, or 0.7%, to finish at 19,242.61.
JPMorgan Chase & Co.’s chief executive, Jamie Dimon, came out on Monday with another warning about the bond market that some observers said could prompt more investors to look around the world and at other asset classes for protection.
In an interview with the Fox Business Network’s “Mornings with Maria” show, Dimon said the worsening fiscal situation in the U.S. is a “big deal” and “a real problem,” and that “the bond markets are going to have a tough time” at some point, although he doesn’t know if it will be in “six months or six years.” He added that the U.S. needs to take steps aimed at growth and pro-business measures.
His comments came as U.S. government debt sold off in New York trading amid a continued focus on a growing federal deficit that could widen even further under the Trump administration’s tax-cut agenda.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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