A windfall tax is a higher tax rate on profits that ensue from a sudden windfall gain to a particular company or...
Story By Melanie Goodfellow |DEADLINE EXCLUSIVE: Uri Singer’s Passage Pictures has announced a new feature Sands of Fortune, delving into the story behind...
In an unprecedented shift in financial strategy, leading U.S. energy corporations spent a more significant portion of their earnings rewarding shareholders in...
By: KUNM – The Bureau of Land Management has proposed comprehensive changes to its rules for oil and gas leasing on federal...
Story By Kevin George |Investopedia| Independent shale oil exploration and production (E&P) company Permian Resources (PR) said it would buy rival driller...
RIO DE JANEIRO (AP) — Ecuadorians voted against drilling for oil in a protected area of the Amazon, an important decision that...
Jennifer Gray, CNN Meteorologist |CNN| Areas along the South Texas coast are under tropical storm alerts for a yet-to-form system that could...
By: Reuters – China’s crude oil imports from top exporter Saudi Arabia are expected to remain depressed through the third quarter, analysts...
Elizabeth Low, Jack Wittels and Chunzi Xu -(Bloomberg) -Via Yahoo News. At any other time in history, the current state of the...
Phillips 66 has announced its intention to lay off approximately 100 employees from the Finance and Procurement sectors based in Bartlesville. Following...
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).
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...
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 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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