Occidental Petroleum Corp., a major player in the oil industry based in Houston, is set to acquire Canadian clean-tech innovator Carbon Engineering...
By: AP – Children who lived closer to natural gas wells in heavily drilled Pennsylvania were more likely to develop a relatively...
Across the US, Republican-controlled states are seeing major investments in clean energy such as wind and solar. But conservative groups are banning...
(Bloomberg) — Expansion in the US shale patch has come to an end for now with oil output set to shrink for...
The International Energy Agency (IEA) has recently released a comprehensive report indicating a foreseeable deceleration in the growth of oil demand by...
Amid ongoing tensions in the Strait of Hormuz, the U.S.-led International Maritime Security Construct has issued a warning to ships in the...
By: Bloomberg -The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the...
UNITED NATIONS (AP) — The transfer of more than a million barrels of oil from an aging tanker moored off the coast...
By: Vail Daily – Eagle County isn’t the top place in Colorado considered suitable for oil and gas development, but a 2015...
The Uinta Basin lies in the northeast corner of Utah and is bounded on the north by the Uinta Mountains, on the south by...
U.S. stocks ended higher on Monday, reversing earlier losses, as investors digested Moody’s decision to downgrade the U.S.’s credit rating from triple-A.
According to Dow Jones Market Data, the Dow Jones Industrial Average was up 137.33 points, or 0.3%, to end at 42792.07 after falling 317 points at its session low.
The S&P 500 increased 5.22 points or less than 0.1% to close at 5963.60.
The Nasdaq Composite added 4.36 points or less than 0.1% to finish at 19,215.46
The stock market’s "fear gauge" jumped Monday after Moody’s downgraded the U.S. government’s credit rating.
The CBOE Volatility Index, which trades under the ticker symbol VIX, was up 13% on Monday morning at around 19.50, according to FactSet data, at last check. That’s around the gauge’s long-run average.
“While the Moody’s downgrade may cause a bit of near-term equity market volatility, history shows it does not portend structurally higher interest rates, an imminent recession, or declining stock prices,” Nicholas Colas, co-founder of DataTrek Research, said in a note emailed Monday.
“Rating agencies play a critical role in capital markets, but their decisions about US sovereign debt have never signaled anything useful about future asset prices,” he said.
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Have your oil & gas questions answered by industry experts.